ajtj99's Market Pulse

[plexxus]

AJ thanks and good work. The Internets and SOX have been lagging somewhat holding down the NDX in recent weeks but I suspect they may play some catchup soon thanks to the 50 day recapture on the SOX today in additon to some favorable divergences on the HHH. The homebuilders ramped big today and the banks/brokers continue to act well leading me to believe the Fed is near the end of its rate hike cycle but as always only time will tell that tale. That is part of why I remain with a bullish slant.

Check out the Inverse h/s base in RYL here.

http://stockcharts.com/def/servlet/SC.web?c=ryl,uu[w,a]dhcayiay[d20050707,20061231][pb50!b200!f][vc6...

And the move in NVR....sent this to LG in a prior post.

http://stockcharts.com/def/servlet/SC.web?c=nvr,uu[w,a]dhcayiay[d20050707,20061231][pb50!b200!f][vc6...

Robb