Last week, the equity markets put in a powerful upside performance and today they are following through with Friday’s momentum.
The big winners are the financials, and they look like they may squeak out of this whole mess alive. Certainly the major trends have not reversed and have not been confirmed to the upside. Today we will be looking at the charts and pin pointing the professional turning points for each of the major markets.
We will also be looking at the markets that were making 52 week highs, we had shared with you last Friday. The two stocks we looked at were Kinder Morgan and Home Depot.
Lastly, we will be looking a two interesting ETFs that you might want to put on your radar screen.