Thursday’s action produced 33 breakouts and 68 breakdowns on my watch list of over 3800 stocks and ETFs.
Among the breakouts in ETFs:
DBE, SKK, and UCD
The breakdowns in ETFs are:
DRG, FBT, IBB, IHI, IYH,PBE, RYH, TLT, TIP, VHT, XBI and XLV.
By the way, the healthcare sector is selling off thanks to Mr. Obama’s plan to bankrupt this country through “healthcare reform” that “cannot wait, must not wait and will not wait” (or something to that effect).
(For a more complete list of yesterday’s stocks, by sector, that are breaking out or breaking down, check out my post in The PPT)
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