Big institutions representing the big money came back from the holidays and are buying en masse with the NASDAQ again leading the way. Never argue with the big money. Strength remains in commodities, oils, housing with many semiconductor names waking up from weeks of dormancy.
We know the DOW was down almost 300 points yesterday but nothing changed. If you noticed, the NASDAQ/NDX almost came all the way back off of the same select few megacap names. That’s for starters. Random notes: Emerging and other markets continue to underperform and badly…go look at EEM, EFA, FXI, TUR, RSX, EWZ, IEMG […]