Sector Exchange: S&P 500 Breaks 1030 – Takng Next Step Higher?

Published: September 14, 2009 | 10:28 AM

The S&P 500 index Bounced back above the August high and is set to take the next step. The NASDAQ was the biggest winner bouncing 120 points from the August low of 1960. The uptrend remains intact with the move leaving investors confused on direction. Why? The number of analyst who continue to state the market is overbought and overdue for a pullback. Regardless the upside remains in play and the next leg up is now the primary question mark for how high and how long. Jim spends time reviewing the 10 sectors of the S&P 500 on who's leading, who's lagging and where we stand on the push higher. Be sure to listen to this week's podcast and gain perspective and insight into the coming trading week.