In case you are wondering what that sound is, they are crickets. Since January 2nd‘s open, the NASDAQ Composite it up just 1.4%.
The S&P 500 and the Russell 2000 are only slightly better, although like the NASDAQ, on yesterday’s 84.79 point advance in the Dow, they too could not muster any above-average volume on up-close days so far this year.
One sector that does show a little spirit? The semiconductor stocks:
Want another one? You may not guess this one – Gold:
The Silver ETF, SLV, is starting to show some spark as well.
Of course, there’s much more you need to know and many more stocks you can capitalize upon each and every day. To find out more, click here: www.markettamer.com/seasonal-forecaster
By Gregg Harris, MarketTamer Chief Technical Strategist
Copyright (C) 2013 Stock & Options Training LLC
Unless indicated otherwise, at the time of this writing, the author has no positions in any of the above-mentioned securities.
Gregg Harris is the Chief Technical Strategist at MarketTamer.com with extensive experience in the financial sector.
Gregg started out as an Engineer and brings a rigorous thinking to his financial research. Gregg’s passion for finance resulted in the creation of a real-time quote system and his work has been featured nationally in publications, such as the Investment Guide magazine.
As an avid researcher, Gregg concentrates on leveraging what institutional and big money players are doing to move the market and create seasonal trend patterns. Using custom research tools, Gregg identifies stocks that are optimal for stock and options traders to exploit these trends and find the tailwinds that can propel stocks to levels that are hidden to the average trader.
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