Market leaders continue to falter

The following chart shows a disturbing weakness in the 2 sectors which are supposed to be leading the stock market higher: Financials (blue line) and Semi-conductors (green) as compared with the S&P 500 (black). Weakness in these two sectors was a leading indicator of broader market losses when the last bear market began in October 2007 and other major downturns before that.

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3 Responses to Market leaders continue to falter

  1. Michael says:

    Reckless Endangerment ….. Rex Murphy on America destroying itself from within

    http://fullcomment.nationalpost.com/2011/07/16/rex-murphy-america-destroying-itself-from-within/

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