Financials Lagging

  • I suspect the financials are lagging because of the AIG re-IPO tonight. Some managers are likely making room in their portfolio.

  • Another explanation for the lagging  financials might be because the market is open, as it seems to be a daily occurrence.

  • I have been hearing the words "moving average" and "critical support" a lot in the past two days. I would like it if we broke these "critical levels", stop losses get hit and maybe fear will get reintroduced into the market. Then maybe we could see more than a weak bounce.

  • The VIX is actually down today. It would be nice to get one more spike.

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