Yes, the market showed significant weakness last week for the first time in quite a while. In fact, the Dow Jones Industrial Average moved triple digits each day. But it was all quite predictable, as I suggested in last week's article, and certainly nothing to worry about. Now the market appears to be poised for a modest technical rebound, and longer term, U.S. equities should be in good shape for a year-end rally. However, I still believe more downside is in order before any new highs are challenged. Read more about Sector Detector: Stocks fight off predictable weakness, but expect more downside

You knew a bigger pullback would happen eventually. It was only a matter of when it would come, what would be the catalyst, and how far it would fall. In fact, investors have been hoping for a pullback to serve as an entry point to put more cash to work. Read more about Sector Detector: Investors get their overdue pullback

smartindale / Tag: AA, AAPL, DFS, ETF, IDU, IYC, IYE, IYH, IYI, IYJ, IYK, IYM, iyw, IYZ, linkedin, RF, sectors, SPY, TIBX, VIX / 0 Comments