For the last week or more, so many equities out of the materials sector are not following the market lower here. They flatten out into market weakness, and scream higher as the market turns up. Look at intraday charts of $X, $FCX, $POT, $CF, etc.
Speaking of which, I took another position in $CF here this morning.
I can’t recall the last time I saw the market pushing lower, and the NYSE $TICK in an uptrend off the open. Something has to give here this morning.
OA
If you enjoy the content at iBankCoin, please follow us on Twitter
Where can you track the $tick
On a chart.
Sweet. Thanks as always
You tried that first? ‘$TICK’ into the ticker field on a chart?
Perfect
Very uncomfortable feeling………this could get really ugly .
Loved the EL earnings report….thanks for the Nordstrom comments several weeks
ago .
You were right about January. Keep me posted on your feelings.
My KMI & GDX supporting your thesis.
Told my mom to buy CF. She’s scared so I will buy.
Well, guess something finally gave this morning
Going to try a couple DUST calls expiring next week.
S&P Summer ’11 levels await. 1300 ish with some rips along the way suckering in the bulltards.
Thoughts on TWTR down here?
Penny Stock in the making..