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home / news releases / FEX - Running Hot


FEX - Running Hot

The sideways market we have been in for 18 months is trying to break out to the upside as we suspected. One thing that has us holding fire is that the Transports and small caps are not participating. That may change soon. Transports are the key because transports are a widely followed indicator for the worldwide economy. If transports are headed higher and the economy is headed higher, that could be leading us to an overheating market - with the Fed lowering rates. Both Transports and small caps are moving towards resistance and a break-out

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Stock Information

Company Name: First Trust Large Cap Core AlphaDEX Fund
Stock Symbol: FEX
Market: NASDAQ

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