From a seasonal perspective, transportation stocks appear to be following the script and rallying in early May.
The S&P 500 set tradable tops 2 years in a row on this day.
With 20% gains in less than three months, this run-up is about over.
High-volume gains in this sector suggest the group may start rolling higher again soon.
Recent deterioration in the short-term technical outlook means now more than ever, investors must take decisive action to lock in recent gains.
Every high-flying market is bound to find patches of rough air, and the charts show a potential decline is in store. However, several plays should defy these trends.
The year has started off well, but some sectors and strategies have the potential to pay off even better in coming weeks.
VIDEO ON MSN MONEY
DATA PROVIDERS
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.
TOP STOCKS
JPMorgan Chase shareholders opted for the devil they knew over the ruckus they feared might result from a slap to the chairman and CEO.
MARKET DISPATCHES
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
FRUGAL COOL
Starting Monday, this site is joining forces with MSN Money Smart Spending. Here's why.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
SMART SPENDING
When it comes to dealing with debt and clearing your credit, what you don't know really can hurt you.
SMART TAXES
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.
