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fallondpicks

Declan Fallon
Dublin, Ireland

Joined Sep 01, 2009

http://markets.fallondpicks.com

Former Nematologist - Current Market Commentator. Senior Market Technician for Zignals.com

  1. fallondpicks
    #sectorbreadth [50] $XLU > [30] $XLP > [20] $XLY > $XLI > $XLB > $XLV > [10] $XLK > $XLE > $XLF. $SPX bullishness up to 26%.
  2. fallondpicks
    #sectorbreadth Over the past couple of days, the biggest gains have come from Materials ($XLB), Industrials ($XLI) and Financials ($XLF)
  3. fallondpicks
    #sectorbreadth Strongest sector is Utilitites ($XLU) at 52% bullishness. Weakest is Financials ($XLF) at 11%.
  4. fallondpicks
    7 breakouts: $AFCE (gap), $P (gap). One sub-$1. The attempt at a bottom is not supported by stock breakouts
  5. fallondpicks
    #sectorbreadth [40] $XLU > [30] $XLP > [10] $XLV > $XLY > $XLK > [buy] $XLI > $XLE > $XLB > $XLF. $SPX bullishness up to 16%
  6. fallondpicks
    #sectorbreadth. Strongest sector is Utilities ($XLU) at 40% bullishness. Weakest is Financials ($XLF) at 5% bullishness.
  7. fallondpicks
    #sectorbreadth Staples ($XLP) and Discretionary ($XLY) flat to modest improvement.
  8. fallondpicks
    #sectorbreadth Clambering off lows are decent sector gains for Industrials ($XLI) and Financials ($XLF).
  9. fallondpicks
    7 breakouts: $ARBA, $CORT (stop: $3.89), $DSW (gap), $PPC (stop: $7.29). Despite losses on the day the breakout candidates were okay.
  10. fallondpicks
    @fshen65 Yes - all those ETFs listed after [buy] are in bottom territory.
  11. fallondpicks
    6 breakouts: $OSIR (stop: $5.69). Two sub-$1 stocks. For a rally off a bottom it was a little disappointing not to see more here.
  12. fallondpicks
    #sectorbreadth [30] $XLU = $XLP > [10] $XLY > $XLV > [buy] $XLK > $XLE > $XLI = $XLB > $XLF. $SPX bullishness slips to 12%

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