The technology stocks led the market higher last week even though most of the major averages sagged into the close last Friday. The S&P futures showed a loss of short-term momentum in weekend trading and have declined further early Tuesday. The EuroZone markets are also lower in early trading with the Dax showing a 0.70% loss. As I noted in Friday's Week Ahead column, the S&P 500 and S&P 1500 Advance/Decline lines both made new highs on Monday, May 18, before turning lower late in the week. The ...
The technology stocks led the market higher last week even though most of the major averages sagged into the close last Friday. The S&P futures showed a loss of short-term momentum in weekend trading and have declined further early Tuesday. The EuroZone markets are also lower in early trading with the Dax showing a 0.70% loss. As I noted in Friday's Week Ahead column, the S&P 500 and S&P 1500 Advance/Decline lines both made new highs on Monday, May 18, before turning lower late in the week. The ...
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