Shifting Into 2012
Buying power is shifting rapidly within the Dow Jones Industrial Average, with long-time laggards pushing to higher ground while the former leadership struggles to hold onto 2011 gains. This is a notable rotation, and it points to changing investor sentiment while offering important clues about the best stocks and sectors to own in the first half of 2012.
We can see this seismic shift in Cisco Systems (CSCO) and Wal-Mart (WMT), which now occupy the fourth and sixth positions on the Dow ranked by their positions above their 200-day exponential moving averages, following years of lagging performance. I covered these former losers in recent columns, pointing out the best technical entry levels and other ways to benefit from their revivals in coming months....392 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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