Materials, Consumer discretionary, and Utilities are the leaders this morning via XLB, XLY, & XLU. The Vix is also up above $20 again as fear and uncertainty creep back into the market. Here are the leading industries so far today:
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There is very little on the runner screen this morning, but for those interested: CLICK HERE.
The market has a defensive feel to it this morning, and it’s never a good idea to get bulled up when you see the VIX and utilities leading. However, we did get a nice oversold signal yesterday, and the Nasdaq is on support here. Bulls need to hold this level.
