The Chart of the Day…

spx-copper

I’ve been following Copper lately as a gauge on the market’s health – this chart shows a decisively bearish divergence.

From SocialTrade.com

Quick Glance at the Market Heat Map and Industries

heat-map-8-27-12

Notables:

  • The source of today’s afternoon sell-off? Try Basic Materials, Technology and Industrials
  • They should consider making Apple (AAPL) its own sector

Read more…

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