Reversal Day
All the indices were up at the beginning of the session but started to fade and went negative after about 2 hours. So after the S&P500 was up 19 points, it ended down 27 points for the day. This looks like and acts like a reversal day but we’ll need to see follow-thru.
In the video below I go into detail about today’s action and look at the German DAX and China Shanghai Composite Index also. Stocks reviewed tonight include AAL, ADBE, LULU, GPRO, SCTY, TWTR and CAT. Continue reading