Weekly MOTR Report (WMR): “Consumer Stocks Stepping in to Fill Tech’s Void.”


  • On Friday, the S&P left the impression it was intent on going higher, but drilling down on the day's sector performance ranks, it was quite uninspired, with Utilities, Staples and Media in the lead, and Tech actually still down slightly.
  • While this is not at all long-term bearish, if does fortify our case that the bulls are not yet out of the woods, and still have more wood to chop before they can rest.
  • The good news is that Tech's vacancy. . .

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