What immediately stands out is how the precious metal miner ETFs have migrated to the top of the table. This points to a pronounced increase in relative strength as equity markets have sold off.
Wall St and Retailers adjusting to a random news flow world...
Remember the beginning of January? Retailers were pre-announcing strong Holiday sales and margins. Consumer Discretionary stocks were on a heater dating all the way back to pessimism...
There were some sweet earnings reactions on Wednesday. It was a day for the bulls.
Super Micro Computer $SMCI filed an overdue earnings report. The market didn't care about the numbers. It was just happy to hear the company wasn't a complete...