Here are industries and indexes in bullish and bearish
territory as of the close yesterday.
I’ve been long for a while now in transport via the XTN and
IYT etf but they are low volume, so if you trade a big amount maybe is better
to look for the leaders in the industry.
I’m still long the DOW with DIA, and been short for a while
with IYR. However the etf keeps going up even though the majority of companies
in the REIT industry are on bear territory, it has to do with the major
holdings.
Financials jumped to short territory yesterday, futures are
up this morning so let’s see what the day brings.
Shalom all,
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