SOX is attractive @ current level......

In this market where many stocks look expensive, there are new area of opportunity.

SOX looks very attractive and is @ support +- 50 DMA MCHP QRVO SWKS

Chinese stocks are looking attractive, some making new highs like NTES and others are ready to make like BABA

VRX is strong all of a sudden

Steel stocks are catching a bid, X looking good...

Lost and forgotten Solar stocks are sporting RSI in 60s....FSLR, JKS.....

So much has changed since FAANG stole the show....

AAPL is near support.....

Sometimes, it is better to focus on " oversold quality stocks"

TAPE may be going sideways, but some stocks have taken leadership role in this up down market.

Technically we are healthy as all major indices are above 50 DMA.....

@ this stage in market, laggards may take leadership role, as evident with solar stocks.

Oil is the only "uncertainty"....it is near 52 wk lows...IF it breaks previous lows, then technical selling will trigger, which is never good....

SO.....it is a tricky market, very much individual stock driven....

Take a pause, and look @ emerging sector after long downtrend.......

Good luck with your own analysis and comfort level.

BLOG does NOT give buy or sell.

Saleem