Sector Detector: Strong start to New Year creates overdue technical breakout
After closing 2011 at exactly the same level it closed out 2010, the S&P 500 came blasting out of the gate with guns a-blazing on Tuesday to celebrate the New Year. It was a welcome sight to scores...
View ArticleSector Detector: Bulls seek new blood to boost conviction
Last week, the Dow and S&P 500 large caps hit five-year highs, the Russell 2000 small caps and the S&P 400 mid-caps made all-time highs, and the Nasdaq recorded a 12-year closing high. But some...
View ArticleWhat the Market Wants: An adult-minded Congress, a modicum of leadership, and...
The U.S. markets started off the day negative, following the 3.7% plunge in the Shanghai Composite which reflected Beijing’s latest efforts to curb home prices. a mid-day rally turned things around,...
View ArticleSector Detector: Bullish investors jockey for position as if the correction...
As many investors enjoy the final weeks of summer, some optimistic bulls seem to be positioning themselves well ahead of Labor Day in anticipation of a fall rally. Indeed, last week’s action was...
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