Back From Blog Vacation

Over the last two weeks, the market has continued sideways to higher. Of the majors, only the NYSE and Dow Utilities set a new high. After today's selloff, that's beginning to look more like a negative divergence rather than leadership. However, after some time the gains will come again. Since the February smash the market filled in nicely and recovered the lost ground. I believe that is just the beginning but its nice to see everyone kept on their toes!

The Fed statement is nothing new and tells us little. Listen to your stocks, instead. PCU, PCLN, X, RL, KNOL, to name a few.