http://blogs.decisionpoint.com/chart_spotlight/2012/03/four-year-cycle-approaching-crest.html Decision point, great site by Carl Swenlin
As I've discussed before, if you only look at stock market performance through the eyes of the Dow Industrial 30, that is a narrow view. AS Bull mkts mature, it is normal for investors to get less risky and move money into the larger cap stocks. SO even as this may take the DOW to new rally highs, it is possible to see a good many companies begin to underperform, a WARNING sign trouble may be brewing.
Case in point, AAPL....after first breaking below $600, after earnings it ramped near $60 a share, why worry? but since then the stock appears to have rolled over.
Are stocks rolling over? I believe so.
D
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment