Evening Tape: Profits Up, Jobs down

Published 07/11/2013, 04:26 PM
Updated 07/09/2023, 06:31 AM
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The only way to explain this is that entitlements are funding corporate profitability...
Corporate ProfitsQuick Glance at the Market Heat Map and Industries
S&P 500
Notables:

  • Tech finally was amazing... even Apple (AAPL) was on board with the rally.
  • Financials had more weakness than I would have liked.
  • Consumer Goods and Services were solid.
  • A large chunk of materials were lukewarm towards the rally.
SharePlanner Market Compass:
Stock-Market-Compass-Full-Uptrend

Broke 1654 and beyond. Now the task of new all-time highs are at stake.

And of course...the RIDICULOUS!

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