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|PRE-OPEN MARKET COMMENTS WEDNESDAY – The market broke out through horizontal resistance last week and it is digesting that move. There is rotation into small cap stocks (IWM) and the bottom is falling out of VIX. Those are signs of...
|CL could be rotation out of consumer stables. Those stocks are considered a "safe place to park money" and it is another sign of risk on. PG, PEP, MCD, KMB are similar in nature. @lilsgymdan: CL nice breakdown View
|So as market confidence grows money flows out of those "safer stocks" and into some of the more speculative plays and small caps (IWM)
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|We are testing the high from Mon on the first attempt. That is a resistance level and 1OP is spiking. The volume is not great and we've seen some retracement in the candles. I would wait to see what this...