martedì 16 settembre 2014

Using Breadth to Define Oversold – Plus CF, FOSL, LLTC, XLNX

Stocks started the day weak and finished weak, except for some large-caps. The Russell 2000 iShares and Nasdaq 100 ETF led the market lower with 1% declines. The Dow Diamonds and S&P 100 ETF bucked the selling pressure to finish with fractional gains. The sector SPDRs were mixed with five down and four up. Energy got an oversold bounce, while utilities and consumer staples benefitted from a…

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