Some of the Complacency Gets Blown Away

Even I must marvel that almost as soon as folks stopped fretting over every scandal or perceived scandal coming out of Washington, D.C., the market seemingly started to care. Was it the D.C. news or was it a realization that there have been problems for a while? Why else has breadth been underperforming?

For example, retailers have been obliterated. The oil stocks have been crushed. Media stocks decimated. Transports traded at a new 2017 low on Wednesday as well. When I tweeted that General Electric (GE) was at a new 52-week low and no one cares, I got a reply that said I should stop fretting because it is not a bellwether....531 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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