Yesterday a headline crossed on Bloomberg that the CME had LOWERED the margin requirements on gold and silver. Today those are weak. When they raised them those markets had a serious downdraft. Yet no lift with that news today.
This morning Jim Cramer announced that he will be talking about Clean Energy (CLNE) on his show. No lift in the price of that stock. Usually we see a strong upmove, at least for a while, with such pronouncements. Not today.
The usual bull items aren't working.
It is important to try to gauge the "sentiment" of markets to trade successfully. One way to do that is to see how they react to news items.
AAPL down today. Taking the QQQ with it............