iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

It Was A Choppy Week In The Stock Market

It was a choppy week full of mixed signals this week in the US stock Market. Here’s a review of the action:

Monday = Big Green Day

Tuesday = Big Red Red Day

Wednesday = Mixed

Thursday = Big Red day, but reversal

Friday = Back to Green

On a weekly chart, the $SPX aka the S&P 500, managed to hold and close above the 50 period moving average. I would have to side with the bulls this week and give them the victory.

The top industries, week over week, sorted by the change in Hybrid score, include:

Screen Shot 2016-05-20 at 12.34.24 PM

The banks, financials, took the W this week.

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Looking at individual names, here are your top Hybrid Movers on the week, supplied by Exodus:

Screen Shot 2016-05-20 at 12.39.43 PM__

What exactly is the hybrid score you ask? CLICK HERE

Have a good weekend all!

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One comment

  1. Dr. Fly

    I can almost taste the salt in that water.

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