Day Summary

Finally markets are getting some footing now. I sold half my Q's position today as we are reaching some major resistances above. I think that most of upside in markets is already over short term. We may have a little upside left in it before markets start consolidating or sell off again. Keeping WMT on my buy list for tomorrow. Watch IYT (the transportation etf) to give heads up on broader markets, no bear market has ever breen started without transportation taking part in decline, if transportation holds as they are doing now we may have a long term bottom in markets.