Transport, Homebuilder Sectors Searching For A Bottom

Includes: IYT, SPY, XHB, XLY
by: David Fry

The way I see it, Street insiders are determined to put on a good show for month end reports.

In this environment the folks in charge can ignore bad news and accentuate the positive. If the bears can’t push the tape in their direction, then they must be on holiday. These seem to be the markets that matter the most currently: