Retail leaders have yet to make a real run higher.
Chico's FAS showed some signs of life, but a number of other retailers were down in the dumps.
Traders may try to jump the gun, but there are several factors that may delay the traditional end-of-year stock selloff.
Why I anticipate some selling in the 2019 market leaders (and possible buying of market laggards) in the last two trading days of December.
Protect stock market gains and don't let losing positions build momentum. If you do that then you will be in shape for a great 2020.
CLGX has ample room to boost its quarterly dividend payment down the road, especially if it throttles back its buy back activity.
The abruptness of the dip buying shows how much anxiety there is among market players that have been trying to keep pace with this straight-up market.
Prices have trended higher for a year and are now retesting highs from July.
In this portfolio, the goal is for the winners to more than offset the losers.
The bears said the market was too extended two weeks ago. It is even more extended now, as buying picked up on Thursday.