The following is from the author's personal notes:
Data from Finviz.com
Above is my shorthand way of tracking the key sector ETFs (top "panel") and major index-tracking ETFs (bottom "panel"). The sectors represent the entire "XL" series from
Large-Caps Lead The Way Higher (Technically Speaking For 8/30)
Summary
- Defensive sectors fell last week.
- Latin America and emerging markets rose in importance.
- Large-caps led the way higher.
Hale Stewart spent 5 years as a bond broker in the late 1990s before returning to law school in the early 2000s. He is currently a tax lawyer in Houston, Texas. He has an LLM in domestic and international taxation (MagnaCumLaude). He is the author of the book The Lifetime Income Security Solution. Follow me on Twitter at @originalbonddadYou can read his legal analysis on his law office's blog.
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