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Disclaimer Statement
Neither INVEST-N-BEST, Inc. nor its employees, are a registered financial advisory. The information provided herein is not to be construed as the best sector or industry for you to invest in. You should seek the advice of a licensed financial professional before buying or selling any securities or entering these industries. This sheet merely reflects planned trading strategies of what sectors and industries look promising during the week. We do not make any recommendation whatsoever that you should follow these strategies. If you decide to follow any of these strategies, you are hereby advised that you do so at your own risk and discretion.
1997-2009
Market Comments
After being hit with heavy selling early, the market internals finished in a
neutral ground after the late rally. Decliners outnumbered advancers by a 17 to
13 ratio on the NYSE but advancers eked out decliners by a 13 to 11 ratio on
the NASDAQ. Volume was relatively heavy. More than half of the volume was on
the upside on the NYSE while about two third of the volume was up on the
NASDAQ.
We end the week in a cautious alert. In the Sweet 16 Model the majority of the ETF's are negative for the month. Oversold but Bearish Bias!!
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The Vix Report
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Vix Indicator |
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