Things are looking down based on the things I review on the weekend…but a “Santa Claus” rally is always a possibility this time of the year. I anticipate a lot of shopping is to take place, so retailers are likely to finish well rally or not.
I was able to pick up some VZ for another trade this week, in at 36.5, hope to sell at 37.5.
So what did I see in my weekend review?
The 10-yr Treasury yield is down a little to 2.01% this week.
IBD (Investor Business Daily) has changed to: Market in Correction
Copernicus Systems has shown some changes, and is basically short in my interpretation.
Money flows are clearly down now
Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
AAPL +5.22%, – 7.69 %,
KLAC +2.80 % sell
TXN –1.77 %, sell
ETF’s for a trade are:
GLD –2.70%, +7.46 %
HHH -.12.88 %; –7.39 % time to sell… past time
AGG +. 44% may sell
XLE –5.11%, sell
Perhaps it is time to pick up some SH
I hope you have a good week