Housing stocks are again the downside leader today, what's up? This has been a tough week for homebuilding and building material stocks. In less than two days, some big names are down double digits. Read More
The recovery trade continues today. Cyclicals are notably outperforming more defensive names once again, with the Morgan Stanley Cyclical Index is up 3 percent, while the Morgan Stanley Consumer Index is up just 0.75 percent. This extends the recent trend that has taken place during the current summer rally. Read More