Given Wednesday’s ugly Federal Reserve-inspired reversal, it’s surprising how little the Big Cap 20 has changed the past week.
In minutes released Wednesday, the Fed indicated it may start unwinding its bond purchases, and noted concern over stock valuations. Stocks slid on the news.
Chips still hold the most places in the screen, and the remaining mix is in line with recent weeks. The difficulty is finding issues that either are not too extended to buy or not in late-stage patterns.