The usual suspects of Materials, Industrials, Financials and Energy continue to lead this unstable market both up and down. Technology has been less volatile, and in fact it has been tracking closely with Healthcare lately. These two also happen to rank the highest this week in Sabrient’s SectorCast ETF rankings.

smartindale / Tag: AAPL, ETF, IDU, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JAZZ, linkedin, long/short, PRGO, sector-rotation, sectors, TECD, VIX / 0 Comments

On a Wing and a Prayer

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: AZO, DIA, DLTR, PRGO, RL, SPY, VIX / 0 Comments

Likely Greek Default Worries Market

By David Brown, Chief Market Strategist, Sabrient Systems

After last week’s stellar performance, the markets dropped into negative territory today, as investors realized that Greece might actually be allowed to default.

david / Tag: BBY, CMCSA, ETN, FXE, IYF, NFLX, ORLY, RIMM, UNH, V, VGK, VXX / 0 Comments

Investors dumped equities late last week ahead of the weekend – largely due to the tenuous situation with Greece’s debt and the associated fall in the euro (and a commensurate rise in the dollar). But I also think there was a flight-to-safety ahead of the 9/11 anniversary, especially among Wall Street traders given the terror threats and heavy security in NYC.

smartindale / Tag: ETF, HUM, IDU, IYC, IYE, IYF, IYH, IYJ, IYK, IYM, iyw, IYZ, JAZZ, linkedin, long/short, ROC, sector-rotation, sectors, ZEUS / 0 Comments

Same Old Story, Different Excuse

By David Brown, Chief Market Strategist, Sabrient Systems

david / Tag: BMRN, DG, FXE, ISM, RIMM, VLO, VXX / 0 Comments

smartindale / Tag: AAPL, CNQR, DTLK, KRO, long/short, MDC, MON, RIMM, sector-rotation, sectors, SGY, SHLD, SIX, SPY, VMW / 0 Comments

Market, Market on the Wall, Who is the Fairest of the All?

By David Brown, Chief Market Strategist, Sabrient Systems

After the market gained in 7 of the 8 trading days following August 19, we have been met with 3 consecutive down days wiping out about half of our gain (about 5% at today’s close).

david / Tag: BAC, BNY Mellon, Financial, FXE, GS JPM, VIX, WFC / 0 Comments