Risk on or risk off? Thursday's session was telling us something we haven't seen from the S&P in 6 years, its effect on global markets along with a few of our favorite stock picks.
Diamonds ended last week with a negative weekly chart, while Spiders, transports and small caps were upgraded to neutral weekly charts, QQQ's has a positive but overbought weekly chart.
Emerging-market companies have piled on debt in recent years, allured by low interest rates from yield-starved investors. Now it's time to pay it back.
It gave the market a boost, but there's a long way to go.