Stocks that rose during Monday’s sell-off are exhibiting great relative strength and may lead the market higher when it rebounds. AAPL and TSLA both advanced on Monday. IRBT may have found support at its recent green line break-out. My perspicacious stock buddy, Judy, has been interested in IRBT for a long time. I own some IRBT and will hold it as long as it holds above its green line, around $40. (Click on chart to enlarge.)
SALE also held its green line on Monday. IBD composite: 98.