Housing Starts Stopping

Keith Schneider | April 21, 2019

The long-expected Mueller report (redacted) was finally released and the market hardly reacted. Meanwhile, most major US market indexes continued to march forward with the NASDQ 100 leading, up 1.28% over the last 5 trading days. One ominous sign is that small caps (IWM) or the Russell 2000 has been badly lagging and is now in defensive mode. It moved back under both its 200 day and 50 week moving averages. The divergences in sectors

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