The dog days of summer trading are here and the market is a mixed bag. The leading sectors of the last few weeks have been utilities and REITs – both defensive. Stock indices have generally moved higher over the last week except the Russell 2000 which faded lower into Friday’s close – a leading indicator […]
Tag: $WFC
Bonds vs. Stocks
Almost a good week for the stock market. What looked to be a breakout mid-week, ended up being weak price action that confirmed a technical pattern that implies we are likely to test the lows again next week. Let’s take a closer look at the S&P 500 to see what is going on: Another […]