Daily Note

While You Were Sleeping

May 28, 2020

Thomas Thornton

  • A few charts looking at the overnight market performance and the regular hours' performance 
  • The S&P and Nasdaq continue to get and are new on some important DeMark exhaustion signals
  • The rotation into value from growth is taking a day off with people buying momentum again and selling financials, energy, and reopening plays
  • A lot of healthcare ETF's are curiously showing a lot of upside exhaustion signals or are close
  • Some new screens I'm testing are only getting sell signals in the last few days
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