View: Evening Tape for June 15 | SharePlanner

Evening Tape for June 15 | SharePlanner

Quick Glance at the Market Heat Map and Industries

Notables:

Financials and Basic Materials stuck out as the two strongest sectors.  Healthcare and consumer goods had splotches of weakness. 

SharePlanner Compass:

Doesn't feel like it but we now have a series of higher-highs and higher lows - if we don't fake out on Monday, I might just have to adjust the compass directly over the uptrend. 

The Chart of the Day...

 

- Okay... so you've seen this stock AXAS (which I don't think I've ever traded before) with a strong setup and you ride it up the whole day. You're sitting at $3.45/share and you got in at $2.93. And then... all of a sudden... on no new...WHAM! BAT BAM! Down to $2.49 - are you kidding me? Who cares where it managed to scrape by and close at, this thing took out 25% of its market cap in seconds. Moral? Never, ever, ever trust the market or a stock or anything financially related. 

Evening Articles 

And of course...the RIDICULOUS!

Ladder, Spider, Dad acting like a hero to his little girl, and of course a hand-held camera. These things NEVER end good.I love the 'horror-feel' to the end of this video.  

You all have a great weekend!

Be sure to Join SharePlanner's Real-Time Trading Network for Free!

Comments

No comments yet.

...