The Leader List

Dividend Payers and Emerging Markets continue to gain strength.

This group of high beta, high growth stocks in the FFTY continues to perform well.

The general market has sold-off a bit, but so far this ETF is doing very well. Investors are selling the small and mid cap stocks like crazy, but they are not selling the high growth small caps in this ETF.

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Same with this ETF. It contains the best performing large cap stocks, and it continues to do well.

I am not sure what this means for the health of the general market. My first inclination is that it means that want to stay invested in the market, but only in the last few areas that are performing well. I wonder how long this can last.

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Outlook

The long-term outlook is positive.
The medium-term is down as of Aug-10. Looking for a low mid to late September.
The short-term trend is down as of July-28. Stocks are short-term oversold.