It is interesting that today, washed out names like Under Armour (UA) are higher for the day. It is up by 1.16%. Qualcomm (QCOM) also qualifies as washed out and it is higher by 0.70%.
Leaders like the FANG (Facebook/Amazon/Netflix/Google) names are being taken to the woodsheed. Usually this happens as we get near a low. Just a quick observation.If you enjoy the content at iBankCoin, please follow us on Twitter