I don’t day trade, I follow intermediate trends
Shorts took a beating, in the SP500 75% of stocks closed up
90% of banks stocks I follow closed up today
I’m short COF, almost covering today. The group reversed position today, I’ll sleep on covering. COF ended marginally low.
88% of my software group closed up today, the group percentages still a little bit pointing to a down move, I guess we’ll have to wait for tomorrow action
My small airlines group saw 90% of stocks closing up today