A few things to watch this week.
Even though the dollar has had a bounce, US bonds are still under performing global ones.
India looks poised to make a run with this second Bollinger violation.
The defense sector is making a break. Guess we're gonna need a war to end the recession.
My TRAN indicator has gone bullish, so this up move looks like the real thing.
The utilities sector has been basing for over 2 months. If energy costs remain low, this sector will have fundamentally sound legs to invest in. Sadly, without momentum, this is a dividend play.The action in the bond market doesn't bode well for the dollar. Foreign securities still hold an edge, but there are domestic sectors worth looking into.
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