The Overall Stock Market is in a Sideways Pattern

The market has been in a sideways pattern for the last two months, but there has been some changes in the relative strength models that I run. There has been shift out of energy and commodities toward more defensive sectors- REITs, biotech, health care, medical delivery etc. Small caps/Mid caps are still pretty high up in the rankings, but have dropped back a bit.

I recently wrote some more articles on Seeking Alpha covering a few different asset classes:

1) JTP: Preferred Stock CEF

2) ETY: Equity Covered Call CEF

3) What Happened to the Municipal Bond Defaults?

4) ACG: High Quality Investment Grade Bond Fund

5) TYG: Closed-End Fund holding MLP’s

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