Wasn't there that article about a Goldman Sachs person discussing VIX averaging 19 in April...

work of art: "the dump"?

SBUX not a pretty weekly close if it stays here

Feels like consumer discretionary has a bit more weakness left in it. XLY skewed by Amazon's strength, but of the top 10 holdings, I wouldn't be jumping right back in to almost half of them...HD MCD TJX SBUX

TGT weak, nearing rising support

HSY looking to have a weak weekly close. There's a long term rising support from 2009 that would catch around 177ish upon further downside

APD down

PALL palladium weekly log chart - showing signs of life, out of the steep downtrend channel for now (wicks and closes)

SGML horizontal resistance at 16.36 

NKE weekly log chart - looks weak, potentially a coil breakdown and backtest

OR or something like that has been relatively weaker than GFI recently

earnings Friday

Steve/Matt, Would it be possible to add this to the Education section of the website?

Thanks! 

Are these leveraged ETFs ones that can be held for some time, or is there some type of decay?

PG has corrected back to the rangebound breakout, holding there for now...

Yes, and the TUA play is moreso along the line of thinking of the drop in rates of the short end being more of a guaranteed thing than whatever the long end will do

APD - came down a bit more, siting right on a downward sloping 50 dma

Speaking of the 2 year, I made a post about TUA a while back...could be an interesting way to play the inevitable rate cut(s) and how they affect the short end of the curve.
https://breakpointtrades.com/blog/post/423621/

I've been eyeing ENPH, holding support and about to test 200 dma in a wedge pattern