6/9/2017
Most of these stocks are Oil stocks. Crude Oil's blue stochastic-20 Pct-D is very
oversold. It's time to take profits in these I have to think. The Fed is expected
to raise rates. That ought to help the Dollar and hurt Oil, giving these stocks
one more dip. But still, they're oversold and we can take some nice profits here.
Retail stocks are well represented below. A rise in interest rates would further hurt
their sales. And if the stock market reacts badly to the rise in interest rates, it will
weaken on of the last props holding the group up, because the affluent will then
pull back from buying, too.
