The Indexes did very little this week. The strongest was the Russell 2000 which has lead to some new sectors breaking out. I like the action in this market. We are having rotation into different industries and stocks are outperforming the respective index. The bids we saw in the cruise lines , casinos , airlines have waned. We are seeing money coming into other beaten down areas such as Cyclical and solar stocks
Lets look at the indexes
Lets follow up and review our ideas.
BP=Buy Price RSH =Right shoulder Stop= Stop Loss
New Potential ideas
As always each investment decision is based on the individual. You will notice more smaller cap names. This is due to the Russell outperforming. Go where the money is.
If you have questions message me on twitter.
Happy Trading !!!