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 ArticlesAnd 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!
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