There are quite a few sectors under pressure today, healthcare is a notable standout that is doing very well relatively and on good volume, here's a quick look at some others.
Commodities under pressure... even with the dollar down a bit
Semiconductors
Materials as you'd expect, also home builders are getting hit hard today.
The energy complex is having the worst day since early April.
Financials are struggling for the second day
Industrials as you might expect considering the earlier PMI-but they didn't react last week to similar data.
More broadly then just semis, Tech in general
And here's health care, check out the volume as well, it's bucking the trend in many other sectors.
While there's weakness in the major averages, the IWM is standing out today.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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