NEW YORK ( TheStreet) -- Today is month end and thus today's closes are inputs to my proprietary analytics. On Monday we will have new weekly and monthly value levels, pivots and risky levels. It appears that stock Mojo should be strong enough to continue the Santa Claus rally that began from the lows of two weeks ago.Stocks are fundamentally neutral according to www.ValuEngine.com as 60% of all stocks are undervalued, but 11 of 16 sectors are overvalued. The construction sector is the most overvalued by 14.6% followed by the consumer staples sector overvalued by 14.4%. The cheapest sector is multi-sector conglomerates at 6.9% undervalued.
Santa Claus Mojo Continues Despite the Cliff
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