Scott MartindaleStocks were able to leverage some optimistic news and dovish words from the Fed to take another stab at an upside breakout attempt last week. Although readers have sometimes accused me of being a permabull, I am really a realist, and the reality is that the slogans like “The trend is your friend” and “Don’t fight the Fed” are truisms. And they have worked. Read more about Sector Detector: Bulls leverage hopeful news to launch a tepid breakout attempt

The market ended last week up about 1% with Large-cap Growth leading the way, up 1.15%.  Worst was the cap/style that has led for over a year, Small-cap Growth, up only 0.08%.  Clearly, traders were cautious, as value did better than growth in Mid- and Small-caps.  Large-cap leading is another sign of caution.  Read more about What the Market Wants: Investors Remain Patient but Caution is Still in Order

david / Tag: AAPL, HCLP, RESI / 0 Comments