Opening
The equity market is just continuing to move forward letting little or anything stand in its way. What could have unnerved the market in the Italian Referendum was shrugged off as if it never even happened. Even the markets in Europe seemed not to care yesterday. Perhaps, it is the understanding that there is a long way to go.
Equity Market and Sectors
The S&P 500 looks very healthy to be truthful, despite whatever the reason the bears can find. It goes back to a couple of basic things. One the stage has been silent with not much news happening and the investors seem to be optimistic about the outlook for the economy. The second piece of the equation comes down to performance or in this case, the lack thereof. The Eurekahedge Hedge Fund Index is up a whopping 3.47% through the end of November. The S&P 500 total