Dull as Dishwater
Despite the market's total sideways movement Tuesday, a few interesting developments cropped up.
For instance, as everyone knows, the KBW Bank Index (BKX) was one of the hot areas of the market. The BKX-to-S&P 500 ratio ticked up, and while it didn't reach a higher high, it remains in the green. Please do keep in mind that the BKX itself has a measured target near the 56-to-57 area, so it ought to run into some trouble up there....383 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.