|Day Low/High||37.10 / 38.26|
|52 Wk Low/High||26.15 / 49.73|
Bearish names dominate this week and financials in particular.
We may still have a way to go, but we're closer now than six weeks ago.
Financial engineering such as stock buybacks aren't the best buy for companies.
The CEO of Allison Transmission (ALSN) sees some slowing in its North America business, but believes weakness is some of its key markets may have bottomed.
Following last week's Mid America Truck Show, investors are bulled up on the space. In addition, European truck registrations in February also showed continued strength.
I'm continuing to watch recent initial public offerings and secondaries quite closely.
Funds could be giving up on flipping to bolster their buy-and-hold credentials for Facebook's IPO.