Market Condition: Uptrend continues with constructive consolidation. ↑
This Issue looks at: URI, CAT, CMI, along with a very brief review of older names.
General Market Outlook: The market’s uptrend continues, although after the last two weeks the market seems to have gone into a bit of a lull. On the surface the market appears to perhaps gone into a stall, which many fear may rollover into a brief correction. Of course this may happen, however the objective data looking at the market does not support this view so far. There have not been any signs of institutional selling in the general indices, and leading stocks have been outperforming the market averages. For the week the NASDAQ rose 0.4%, the S&P 500 rose 0.3%, the Dow rose 0.3%.
