Technicals are strengthening

GMI4/6
GMI-27/9
T210841%

GMI back to 4 (of 6) and T2108 is at 41% and is at highest reading since July 17. T2108 measures the percentage of NYSE stocks that are above their 40 day simple moving average and shows that large cap industrial stocks may have bottomed.

T210808172015I am beginning to wade back into biotech stocks. I like AMGN and CELG.