Market continues to rebound

Posted by Admin on August 17, 2015

The Market: Stocks continue to chug along after last week’s impressive reversal on Wednesday. Today was another turn around session which saw the S&P 500 gap down roughly 12 points before firming up in very early trading and then rallying the rest of the session to finish up over 9 points. Above 2080 in the S&P 500 and it looks like the good times can continue. HealthCare (XLV) was the leader in individual sectors finishing up 1.01% followed closely by Consumer Discretionary (XLY) which closed up 0.96%. Today’s underperformer was Consumer Staples (XLP) which finished flat on the session hurt…

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Market continues to rebound