The Reformed Broker, AKA Armand Hammer, here with today’s Market Recap…
So North Korea tests a nuclear bomb and long range missile and the Case Shiller housing numbers, while backward-looking, are still apocalyptic. How does the market react?
The Dow was up around 150 to 200 points all day, without any real leadership from the banks, I might add.
Here’s where the strength was at the 3:30 look…
|Leaders in Price Performance (Intraday)|
|REIT – Hotel/Motel||+10.38%|
|Toy & Hobby Stores||+6.85%|
|REIT – Residential||+6.43%|
|REIT – Retail||+6.25%|
|Textile – Apparel Clothing||+6.03%|
|REIT – Office||+5.90%|
|REIT – Industrial||+5.77%|
The REITs continue to lead the market higher, astoundingly, and bullishness in general was In The Ayer.
Thanks for reading today, have a great night!
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