Thursday, July 1, 2010

7/1 - morning scan


  • pharma and insurance stocks doing poor and will look even more bearish if we close at these levels
  • FXE getting a strong move today which should be bullish for stocks
  • seeing a strong reversal in some stocks intraday...wonder if it will hold to the closes
  • some stocks fell hard and now making 1 or 2 candles on bullishness which feels liek they are ready to reverse
  • some of the most oversold stocks in past week are resisting the downfall (adbe, rcl)

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