Will Lehman Truth Come Out? Dave's Daily

Many market sectors are up against serious resistance while others are breaking-out.  This may be good since everything has been moving in the same direction for a long time.  In other words, being in the right sector will become important again versus just being in any sector.

Next week we'll get plenty of economic data in addition to another FOMC meeting per Briefing.com below:

We did an important quarterly update podcast with Business Monitor International (London) here.  We discussed their near-term forecast for global markets with emphasis on BRICs, commodities, currency and major markets.  They're a smart bunch and we benefit greatly by our discussions with them. 

Let's see what happens.  You can follow our pithy comments on twitter and become a fan of ETF Digest on facebook.

 

Disclaimer:  Among other issues the ETF Digest maintains positions in:

 

The charts and comments are only the author's view of market activity and aren't recommendations to buy or sell any security.  Market sectors and related ETFs are selected based on his opinion as to their importance in providing the viewer a comprehensive summary of market conditions for the featured period.  Chart annotations aren't predictive of any future market action rather they only demonstrate the author's opinion as to a range of possibilities going forward. More detailed information, including actionable alerts, are available to subscribers at www.etfdigest.com.

>To order reprints of this article, click here: Reprints