SENTIMENT TOO NEGATIVE

The market continues to show weakness, but there appears to have some pockets of strengths. The sentiment is so negative that it could bounce a bit here. HOM is very weak in the last few sessions, and today, probably in sympathy with negative calls on the home builders. I bought a bit here. This stock is very volatile and could go down a bit further, but could also bounce hard. Tight stop loss. (Stopped out).
I also added some SXC, which announced its plan to listed on NASDAQ. The stock fell hard, unwarranted, in my view.


0 Comments:
Post a Comment
<< Home