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PayPal Holdings Inc (PYPL)

Paypal Holdings (PYPL) has returned to the Green Favored Zone in the SIA S&P 100 Index Report for the first time since March, having rallied back up out of the red zone in recent days. Yesterday PYPL finished in 23rd place, up 4 spots on the day and up 31 places in the last month. Recently, the shares broke out of this range to the upside on volume, completing a bullish Ascending Triangle.

NASDAQ Internet Index (QNET.I) & Dow Jones Transportation Average (DTX.I)

In this issue of Equity Leaders Weekly, we look at the internet and transportation sectors as examples of capital rotation within North American Equity Markets. In particular note how the theme of significant divergences continues to play out, which can impact indices differently depending on their composition.

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