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.