Monday, April 29, 2013

T2...4.29.13

Almost the end of the month so we're expecting a little positive action as we cross the cusp.
Both bonds and equities are up in early going..as reflected in the top 2 sort favoring XLU and TLT, a situation suggesting market consolidation or moderate pull back.
QQQ and XLE are picking up some momentum based on Apple and MSFT strength.
XLF is so far not following thru to the upside, perhaps in need of a rest before further gains.
Click once on chart to enlarge and clarify.