The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.
NEW YORK ( The FRED Report) -- The stock market rally continues, in line with our forecast, and we maintain our targets of 1400 to 1430 on the S&P 500 Index (SPX). But, there have been some interesting sector developments.
The biggest concern has been some of the action in Technology, which has been one of the leading sectors -- we show a chart of iShares DJ US Technology (IYW) below.Many pundits are suggesting that the lion's share of the sector (and possibly market!) move has been because of Apple (AAPL).
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