Industrial Stocks May Be Ripe For A Bounce

Industrial Stocks May Be Ripe For A Bounce

  On August 2nd I wrote here (http://www.investorplace.com/53951/trade-of-the-day-industrial-select-sector-spdr-nyse-xli/) that the industrial stocks are setting up for a short-side opportunity as they had broken a major uptrend a couple of days prior.  The...

Industrial Stocks Under Severe Pressure

  After rising close to 160% from the lows in March 2009 to the highs in early May this year the industrial stocks as a group  as measured by the Sector SPDR Industrial ETF (ARCA: XLI) have come under pressure and broken the blue up-trend line, which is a...