u r right and doing fine, tech (QQQ) is leading the market upward and carry others to follow, except gold I like your renko CPC which shows trend reversal! Also $NYA50R is acting like the shadow of $SPX
Fear is in: Stocks tumble as energy companies fall U.S. stocks are skidding Friday and returning more of their gains from earlier in the week. Energy companies are dropping as oil prices recede from their recent highs, and banks are falling again as bond yields continue to plunge. Stocks in Europe and Asia also sank. U.S. crude shed 90 cents, or 1.8 percent, to $49.66 a barrel in New York. Brent crude, the benchmark for international oil prices, fell $1, or 1.9 percent, to $50.95 a barrel in London. Gasoline, heating oil and natural gas prices also sank. As they did Thursday, banks fell along with bond yields. Lower bond yields drive down interest rates on mortgages and other kinds of loans, and that makes them less profitable for banks. Citigroup sank $1.10, or 2.4 percent, to $43.91 and JPMorgan Chase lost 87 cents, or 1.3 percent, to $63.88. Bank of America fell 29 cents, or 1 percent, to $13.90.
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