the Yuppie Pig

Today is the most oversold market has been all year... until tomorrow that is.
We'll see if yesterdays lows hold and if this 15 minute chart can provide a breakout higher.


What's interesting is that the financials seemed divorced from the rest of the market. I suppose they are already left for dead, and the rest of the market is trading on the assumption that the banking sector is just a zombie. That somewhat explains the un-ended selling, regardless of the undead banks.


It we continue our trajectory and no reason to see otherwise, I'll add back a layer of WMT on a breakdown. This is one of the few stocks that actually become cheaper when prices fall.

As for my other positions; SQNM - Motrin pain, GLD - closed out, TBT - long, WMT - long.

EDIT: still long MON too