Dow Jones end the week on a positive note when Non-Farm Payroll report comes in strong. Overall still uptrend. We should see this resuming. To see the short term NYA index I am able to see the market breadth that novice trader does not know. We are going side-way. We need a breakout out of the triangle with good volume. Do note that December is a month where we likely see volume lower than usual as Traders went for holiday.
Sector for Strength – Which Sector?
The above analysis is so good and easy to read. We can see that Health, Financials, Consumer Discretionary is leading the Dow Jones. We can see that XLE (Energy) has lagged from “Improving” to “Losing”. Weakening sectors in Dow Jones are Material, Technology and Industrials are the sector that we should not entering. This is just a guide. Do note that in the market anything will change. We have to look at the charts for any of the company to make any decisions.
Which is the Stocks in Dow Jones is performing and has strength?
I was going through the list and I think I should share in the blog. I can say that the Visa has been performing very well. It has increased by 24.5% and this is the kind of stock that we should be trading. Least performing stock is IBM. This kind of stock is meant to short for max game.
That is found sensible if we see in general things exists and also tanner mainstain makes sense to me most appropriately.
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