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Time to Buy the Year's Worst?

Forbes - 10 Jul 2014 19:11
Time to Buy the Year's Worst? Stocks managed a nice recovery on Wednesday and the FOMC minutes helped stocks close on a firm note. The small-cap indices, like the Russell 2000 had the smallest gains, up just 0.14%. A better performance by these more speculative stocks would have been a more positive sign. The daily technical studies for the Powershares QQQ Trust (QQQ) have turned higher from support. Another higher daily close is required to indicate that the market?s pullback is over. Given the early market action, this doe...
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