Dan Stewart's The Wall Street Shuffle - July 25, 2013

A NorAm Media Group Publication - Celebrating our 53rd Anniversary  Thursday, July 25, 2013 First Sign of Weakness by: Dan Stewart We had our first bout of real weakness yesterday as sellers appeared with more strength. Total volume was up on both major exchanges. The internals were weaker on the NYSE, but a big part of that was due to strength in Apple (AAPL). Apple, the biggest component of the NASDAQ, was up over 5%. Down Volume won the day registering 74% on the NYSE but only 56% on the NASDAQ. Advancing issues were only 23% on the NYSE and 39% on the NASDAQ. So again, the NASDAQ demonstrated the most strength but was mostly due to Apple. And both the small and mid cap indices were the weakest of all. The trend is thus far still intact, but pullbacks sometimes turn into something deeper so caution is warranted. If you are fully invested, have stop losses below your most aggressive positions. However, if you do have cash available on the sidelines... Read More      Muni Bond ETFs: Detroit City Blues – Just the tip of the iceberg Houston Sues Megabanks For Libor Manipulation – The beginning of nationwide or even worldwide city suits against big banks especially with city deficits 25% of Homeowners in Government Programs "re-default" Eurozone PMI – Is the EU beginning to leave their recession? S&P announces changes to their small and mid-cap indices Argentina shows new pragmatism with Chevron deal, loosens regulations – Bully or Risky for Chevron ADDRESS: 15303 North Dallas Parkway Suite 1030 Addison, TX 75001 Toll-Free: 855-REAL-WEALTH or (855-732-5932) Office: 972-687-7765 Direct: 214-708-4555 dstewart@noramassetmanagement.com Material contained in this newsletter is the property of NorAm Media Group, Inc. and all rights are reserved. Unsubscribe