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Financials & Energy Hold Back Advance

BY JEFF PIETSCH | DECEMBER 02, 2009 | 4:08 PM | 0 COMMENTS

The market is having a difficult time in the face of weak Financial (NYSE: XLF) and Energy (NYSE: XLE) sector performances.   While the balance of volume still suggests a range day, right now my other internal indicators are looking weak.  Nevertheless, there is still a slight preference for risk today with the Small Caps (NYSE: IWM) and Emerging Markets (NYSE: EEM) holding their ground, so there is no obvious second-half-of-day direction indicated.

Read more: http://marketrewind.blogspot.com/#ixzz0YZGiYBFy



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