Computer, Internet Stocks Lead Broad Sector Rotation

By | August 8, 2014

Scalper1 News

Computer and Internet stocks have moved to the top of IBD’s sector rankings, but energy has taken a dive, reflecting a shift in leadership during the past month. The change since July 1 has occurred as the market went from confirmed uptrend to uptrend under pressure and finally, on Aug. 5, to market in correction. Much of the change at the top has been driven by strong earnings reports from the likes of social media giant Facebook (FB) and Chinese Scalper1 News

Scalper1 News