FYI: Back in March of last year, the Internet group -- which had a stellar 2013 -- hit its highs of the current bull market. Since last March, the group has been trading in a slightly downward sloping trend channel, and it's off 13% from its highs. As many other areas of the market have surged over the last 10-12 months, the Internet group -- which is as "momentum, growth" as it gets -- has been stuck in a rut. Outside of the Energy sector, Internet names are some of the most beaten down and oversold in the market.
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2015/1/13/internet-stocks-stuck-in-a-rut.html?printerFriendly=true
