The market continues to chop around with a general tone toward the negative end. The high flyers in the Nasdaq and the Russell 2000 are being clobbered while the value stocks window is closing. Unless some catalyst come along to change the current sentiment, this current downtrend could accelerate.
The choppiness of the current market certainly make the sideline to be an appealing place to be if one does not need to be in the market.
click here to view the video if you do not see a video player on your screen.
