Does everything have to have a cute nickname these days? Are we that mentally stunted and compartmentalized that we need the Wall Street media to put everything into a handy little digestible nugget?
New Economy… Fiscall Cliff… Additive Manufacturing… The Great Recession… The Great Rotation… the Internet of Things (iOt)…
Well yes, I guess we do. With the market making a move toward ‘blow off’ in the Blow Off/Roll Over sweepstakes, here is an interesting chart of iOt play CTRL.
It’s got the wedge break and the positive RSI and it will be interesting to see if it can leverages some of the market’s renewed vigor for momentum items.
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