Midday Missive

Disney has lost all traction since earnings.

AMZN high today @ its 50 DMA stopped the Indices.

Oil refiners were bought on rotation.

UNH…traded to its 200 DMA @ 257.54 and held.
It’s a big level that must hold for healthcare.

Indices have back and filled

I’m nonplussed by the price action.

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