Updated to include statements from Coach's CEO.NEW YORK ( TheStreet) -- Accessories company Coach ( COH) is the best performer in the S&P 500 intraday Thursday. The S&P 500 rose 6.45 points, or 0.48%, to 1,359.08 in Thursday morning trading.
The 'flight to safety' exchange-traded funds for U.S. Treasury bonds, gold bullion, and dividend-rich utilities remain viable asset allocation choices for diversified investors.
Weak energy and volatile finance sectors question the sustainability of continued strength across all 11 S&P 500 sector exchange-traded funds.
The bulls continue to control the global markets, but all nine global averages do not have positive weekly charts and the leading averages have become overbought.