The market ended the 2013 trading up by more than 25%, but ended the last trading day of year on whimper. On the basis of value, the S&P 500 gained roughly 40 basis points, largely on the gains in the more cyclical sectors such as financials, tech, or discretionary.
However, the overall supply and demand balance showed practically nothing of any interest. Strangely enough though, telecom shares showed a divergence on the basis of price and price/volume dynamics.
However, the overall supply and demand balance showed practically nothing of any interest. Strangely enough though, telecom shares showed a divergence on the basis of price and price/volume dynamics.
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