The rate sensitive sectors continue to sport daily chart bear flags.
REITs and utilities, respectively below, probably should be due for a bounce, but what could easily be happening here is dip-buyers are being churned before we break lower yet again.
CXW ED are short ideas on weakness.
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bring it DOWN..Down..down..
would love more than anything to add share(and cost avg up.;)
patience..
ED ..sensitive(pen a check every month)
The divident..,Holy Mary Mother of God please pray for me(and others?),… has done justice over the years.
truth..
I think china’s index has gone as far as it can before the next drop, USD/JPY is at resistance, emerging markets like Brazil look incredibly weak, and breakdowns are happening in many places across the market. I think MUB is an interesting long right now with bonds oversold and being a contra-equity play. CAT short looks ready to roll among others
HPQ puts are interesting to me, broken stock and broken chart that is going nowhere but down
for some reason..
writing divident first and foremost makes me want to laugh and secondly I think of all the scholarly advise(not) and 6yrs of nonsense plastered across pages with such determination to be right(someday?).
Yes, I’m Got D@mned(as the Fly would say)Sensitive..;)))
I was told, matter of fact and indignantly, by such highly educated person back in the hellish days of 2009 that I was ‘Out Of My Mind’ to even think about holding let alone loading up on a bucket of utes..uhh huh..and all their beautiful yield(s).
Seriously, how wrong…wrong..and more wrong ..
(too bad my ports do not hold all share scooped back then)
market wants to thrash me about (((BUT))) I could give a ‘Flying Rats A$$’, today.
Just venting as we move into the holiday.
Oh Hey..
Have a mighty fine extended weekend, all you Beautiful People!
😉