Markets sold off some more today on light volume, we are getting short term oversold and coming into some major supports, the way markets will handle these supports will be tell on strength of bears. Sector wiese healthcare and biotechs were strong while all other sectors were in red led by retailers especially after Best buy's earnings report in morning.
This is time to watch for strong stocks and to see how they handle this pullback to get long. This is time to not be aggressive but keep an eye on watch list. I have been reducing my longs as well as reducing my hedges and redcuing overall exposure in the markets.
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About Me
- Sid
- A techy at heart who tries to keep in sync with ever changing technical and business world. A producer, architect, developer, leader, all rounder, like to do what I really love- Technology
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