Markets had a pullback day today with major indexes closing almost flat for the day on lower volume. Oil and energy stocks were higher while retailers/semis were the loser for the day.
Oil stocks are starting to rise after consolidating while semis have started consolidating. Semis led us out of this bottom in march and they are a little weak now and this rally is not firing on all cylinders, a cause for concern. Internals are also diverging on the price highs we are seeing so often on indexes recently.
Its been a stock pickers market and right stocks are doing very good my swing play from last week $BCRX rose 26% today, and if you are in the right stock gains are still coming in bulk. For more picks like $BCRX follow me on twitter.
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