Are the market indexes running out of steam? It doesn’t look like it. The Dow continues to trade higher, the S&P 500 is relatively flat today, and the NASDAQ is trading lower, but not with any great decisiveness. This would indicate that the market levels have now reached the area where each stocks/sector will now be trading on its own merits. Although the markets may not be going up with any great force, there will be specific sectors that still move with strength to the upside as well as others to the downside.
December 12th Daily Market Comments
Are the market indexes running out of steam? It doesn’t look like it. The Dow continues to trade higher, the S&P 500 is relatively flat today, and the NASDAQ is trading lower, but not with any great decisiveness. This would indicate that the market levels have now reached the area where each stocks/sector will now be trading on its own merits. Although the markets may not be going up with any great force, there will be specific sectors that still move with strength to the upside as well as others to the downside.