The buyers and sellers have battled to a standoff with neither having any conviction. The buyers do not have enough volume to lift the market but they are still nibbling on the dips. The sellers have enough power to keep stocks from advancing but they cannot push them materially lower. The low volume confirms the lack of conviction by either side. This is slightly bearish because investors should be a little more excited about the earnings cycle. The lack of excitement suggests the bears could gain the upper hand once the earnings fade.
New positions are only added on Wednesday and Saturday except in special circumstances.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays