Saturday, July 16, 2011
Friday, July 15, 2011
XLB - Materials ETF
If nothing is being built this move is solely on the lack of dollar valuation. As the wheels on the bus are removed watch Materials retreat.
WFC
Wells Fargo has held on as a bank because they are generating govenmental income from distributing EBT cards to the unemployed. Otherwise their chart would look more like the other banks. As Unemplyment and stimulis programs wane so should WFC.
















