Sector Spotlight
Illuminating Commentary on our Sector of the Week
Bailout Spotlights Financials
This weekend the bailout of Fannie Mae and Freddie Mac was finally announced. For many that was good news and to some it was government once again stepping in to clean up another mess they helped create. They are as much to blame as anyone since the Department of Banking and Finance approved the lending [...]
The Rise and Fall of the Small Cap Index
One of the leading indices since the July low has been small caps. The Russell 2000 index was up 12.8% until falling 4% the last week. The rise and fall so to speak has come as a result of the financial and industrial stocks. The Russell 2000 Index has approximately 16% in the financial sector [...]
What About the Consumer?
The consumer has been pronounced dead repeatedly over the last two years. While they have slowed their spending they are like Rocky VI still standing and no one knows why. In fact since the broad market hit a low on July 15th the sector has bounced back with a vengeance. If we look at the [...]
Opportunities in Healthcare - DJUSHC
The broad market remains in a volatile mode with the longer term trend still down. The short term, however, is gaining some momentum to the upside. After hitting a bottom on July 15th we have managed to retrace back towards the May highs. The big question is will we gain enough momentum to take out [...]
Money Rotating into Healthcare Sector
Healthcare has moved off the recent lows created by the decline in the HMOs. That sector has fallen from 2200 in January to 1184 last week. Nearly a 50% decline has taken its toll on the broad index. Likewise the drug sector hit a low in March and has been trading sideways since. The decline [...]
Changing Trend
Each week we spotlight a sector of the market and focus on the outlook, trend and strategy for each. This week we have a short term event in the market that needs to be address that impacts almost every sector so I am taking the liberty to update the market versus a sector this week. [...]
