Sunday, April 21, 2019

Minor Changes

While my invest4success picks saw some changes, the larger picture didn't change a whole lot.

The biggest gain was from the Dow Industrials. While the gain was nothing to write home about it was the only index to register a gain.  Volume was lighter but technicals are net bullish. If there was a downside, it's that relative performance needs a pick up to run alongside index gains. The S&P didn't change a whole lot so haven't feature it.

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Wednesday, April 17, 2019

Semiconductors Gap Higher; Russell 2000 Leads Lower

A mixed day for markets. The only winner was the Semiconductor Index as it gapped higher off yesterday's strong white candle. With other markets suffering losses the risk of a 'bearish shooting star' tomorrow is reasonably high.

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Monday, April 15, 2019

Quiet Day

Not much to say about today - good or bad. The Nasdaq finished with a small doji which is perhaps a little nod to bulls, but it would be a stretch to say today was a bullish day.

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Sunday, April 14, 2019

Minor Gaps For Large Caps and Semiconductors

There wasn't a whole lot to Friday's action; Large Caps posted a small gap move break with Semiconductors managing a new all-time gap high.

The gap in Semiconductors cleared the consolidation from earlier in the week. Technicals are in good shape with only a potential bearish divergence shaping up in the CCI, but other technicals remaining firm

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