Follow the Leaders

Once again, the indices struggled and breadth was weak, but there were plenty of perky pockets of action for stock-pickers. As I mentioned earlier, the theme of this market lately has been finding the hot trades while the broad indices churn and do little.

There is obvious concern about the debt ceiling, but there is a lot of money sloshing around trying to find relative performance. This has been a terrible year for active managers and one way they can catch up is to nail good trades when the indices aren't doing anything....1150 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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