In my opinion, which is what this blog is at the end of the day, this month has been mainly one continuous period of churning. Today the market sided with growth, which is mostly represented by technology stocks. Lower interest rates played a supporting role in the above as
The market seems to be unable to decide if it prefers value or growth. Fickle investors once again sold technology stocks in favor of buying more cyclical plays, e.g.
Technology stocks are exhibiting a disproportionately larger in-flow of volume dollars, which indicates that investors have not completely abandoned the sector or growth. Bullish economic data, with respect to