Negative political pressure is being felt in an overbearing way on the entire healthcare sector.
Focus on defense, as news headlines on the Mueller Report and discussion of 'Medicare For All' make stock picking tough.
The biggest negative in the market Wednesday was that the gap-up open was sold very aggressively.
This is the start of a bigger move for the stock.
When you see that money pouring out of the market it is going to be looking for a home. The home will most likely want some economic sensitivity.
The stock moves slowly, but tends to do so in one direction.
There's a key level to watch.
If I had a bias for SKX it would be on the long side.
This year we are seeing natural gas prices slump despite seasonal support.
This was a complete surprise to the market and that creates a whole different type of trading dynamic.