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« Core CPI = 0.14978486314% | Main | The Lula Rally » June 15, 2007 The Cyclicals Continue to SoarThe market is up this morning and again it's being led by cyclical stocks. The Morgan Stanley Cyclical Index (^CYC) is up over 22% this year and it's closing in on 1,100. Here's a look at the CYC divided by the S&P 500. The ratio hit another all-time high today.
Posted by edelfenbein at June 15, 2007 11:40 AM |
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