Stocks ended mixed today as the asset rotation game continues to play out. Today's game of musical chairs saw energy stocks leading the declines amid a pullback in oil prices (nearly 4%). Also, financials pulled back ahead of big earnings this week from banks JPM, WFC, BAC (on Friday). The Nasdaq hit a new all time high led by AMZN, FB, and GOOGL. Here are some ideas for this trading week...
2 Comments
James Teh
January 9, 2017Thanks Don for your wonderful advise. Best regards. Merry Christmas and Happy New Year
James Teh
Frank
January 11, 2017I guess its how you look at things:: the IWM may be leading the market by 1 - 2 days ??