We wouldn't be surprised if the S&P 500 Financials require a recovery period just as long as NASDAQ's.
Technology may be the biggest sector disappointment in the current eight-month leg of the rally, if not for the entire bull run from early 2009.
Following patterns of past burst bubbles, Homebuilders seem poised to rally.
This group rallied in June along with many of the other Technology related groups. However, for the YTD, this Internet Insanity Index is still down more than 21%.
The Internet Insanity Index has continued to deflate rapidly with a 17.3% loss recorded in May.