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Evening Tape: SPY Breaks the 200 & Heat Map Turns into Heat Wave
Thursday, November 8, 2012 22:34
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The Chart of the Day…
Quick Glance at the Market Heat Map and Industries
Notables:
- Outside of Bank of America – is there any different in the last two day’s heat maps?
- Basic Materials led the way south.
- AAPL is possibly looking at a sub-$500 share price.
Ryan Mallory is the co-founder of SharePlanner Inc, a financial website devoted to Day-Trading, Swing-Trading (both long & short) and exchange-traded funds. Ryan makes a strong emphasis on risk mitigation strategies, trading transparency, and trader education – not to mention a great set of stock screens as well.
Be Sure to Check out Ryan’s Site at Shareplanner.com
2012-11-08 22:26:46
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