I am not sure I can be any vocal about this but as a group, the technicals of Technology stocks looks downright nasty. In the last two weeks we’ve seen poor reactions to worse than …
Continue readingJBL
Technology stocks, as measured by the Technology Select etf (XLK), are up 3.3% on the year, making it the fourth best performing sector in the S&P 500 (SPX) behind Healthcare, Consumer Discretionary and Basic Materials. …
Continue reading
The Feds here and abroad are really doing a number on world markets……our late afternoon sell-off came after the Fed Chairman’s statement and Q&A following a 2 day FOMC meeting where they essentially downgraded the …
Continue reading