Commentary Topic from greenfaucet
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.