Monday, July 05, 2010

Weekly Sector Update | 07/02/10

Look familiar?  For the second week in a row, all of the equity sectors were red.  The broad market was down 5.59% an as you can see from the graph above, there was quite a bit of variability.  Of the 148 sub-sectors there were only 3 positive sectors--last week there were 5.  Ugly.

As is usual, I prepared for you a pdf report that you can find here.

Let's take a very broad view.  Here's the Total Stock Market Index.

I included the time period from 03/09 through current because I want you to see the concentration of volume by price.  As you can see, we are at a very critical juncture. 

Keep your wits and your discipline about you. 

I wish you good trading this shortened week.