More On Yesterday's Markets

Yesterday the markets rallied after the Fed issued its policy statement. The overall averages were up on strong volume which is a bullish event. Let's look at a few of the largest market sectors to see where the real action was.

The financials did very well, mirroring the market's move with a strong bar on big volume.



Consumer Discretionary also rose on solid volume




While technology rose, notice the volume wasn't anywhere near as strong.



And while the energy sector had decent volume, it wasn't anything like the level in the financials are consumer discretionary ETFs.



Food for thought.