Macro-Monday
Todays Macro-Monday shows continued bullishness. Not only are large caps showing the strength, small caps are showing strong signs. The current Bull : Bear ratio on the IWM is an impressive 2.78.
We also looked at Mikes Relative STrength Review of the sub-sectors. Healthcare and Healthcare related sub-sectors lead the way. Starting to see a little life in sub-sectors related to energy. We also took a few minutes to consider a long-term play on staples. ( XLP)
Watch Todays video for our complete Macro-Monday analysis and see which Electronic Equipment name we added to our forward test of the Chaikin Checklist.
Watch Todays video for our complete Macro-Monday analysis and see which Electronic Equipment name we added to our forward test of the Chaikin Checklist.
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