Monday, November 1, 2010

Market sentiment ww43

Again, market move a bit flat last week, but only Nasdaq move higher and stay above nemesis of 2500 level. DOW and S&P500 are fighting with the April high. This week mark the Nov month and we have mid term election and FED interest rate and on Friday we have non farm payroll... great, another volatile week. It is worth to  look back month of Oct, while S&P500 rose 3.4%, material, energy,consumer discretionary and Technology are leader for the month, while Financial sector unable to lead the market. While traditionally Oct till April is the traditional best months for Nasdaq, i reckon technology stock have more upside ... trade well.


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