A few sectors that are really starting to “kick it up a notch” are bio-techs (ARIA CHTP) and drug stocks (DVAX AMRN). As long as the +DI on the ADX continues to stay above the ADX line, the market will trend higher regardless of how overbought every sentiment indicator out there is. Stay the long course for now until we get a huge one day rally.

…and oil related stocks as seen below continue to be strong.

AXL is displaying great momentum riding it’s 20ema.

2 Responses to “Strength In Key Sectors”

  1. Jeremy Says:

    Thanks bro, keep up the great work!

    side note – sad to see Farve go out like that, he should have retired last year. He’s probably too vain to do it on his own, so I will feel sorry for him.


  2. jeff pierce Says:

    You must be busy…haven’t seen you in awhile. Hope all is well and you’re just relaxing.

    As far as Farve goes..I agree. 3 games in I knew we were doomed.

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