Market's Bill of Health: Slight Weakness in Cyclicals

From - Advisor Perspectives
January 30, 2013 - 7:59pm

Jan 30, 2013 Chris Puplava  The markets continued to strengthen over last week as the long term, intermediate term, and short term outlooks continued to improve. While the improvement in the market is bullish, we are starting to hit extremes and some digestion in the market should occur where markets look for an excuse to correct. Today�s Fed meeting may be just the catalyst. Additionally, there is some weakness occurring in cyclical sectors that may portend a short-term pullback in the markets. That said, given how healthy the market�s vitals are, any pullback or consolidation should not only be short-lived but....More...

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