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The Quant View: Chop, Chop...

BY DAVID BROWN | MAY 19, 2009 | 4:43 AM | 0 COMMENTS

We saw lots of chop during options expiration week, and a retreat from the sector that's been on a tear of late. Is it ready to resume the uptrend? Today (Monday) was a pretty good day, to be sure, but traders are wondering if it will continue.

Market sectors were down across the board last week, from -4% to -8%, depending on whether you were in Large-cap Growth stocks (down -4%) or a Small-cap Value stocks (down -8%), with everything else falling in between. It was certainly a healthy retreat after a persistent climb.

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