Concentrate on these 4 sectors

The stock market continues to put on a dazzling display of confusion as we saw nothing worth talking about over the past couple of weeks only to be followed by a strong accumulation day on Tuesday.

Volume swelled to over 2 billion shares on the NYSE while the NASDAQ volume increased but remained below-average. In recent weeks, leading stocks such as Tradestation (TRAD) have been failing to hold key areas of support. Selling pressure has been intense while the major indexes have remained just beneath multi-years highs. The Dow and S&P 500 closed at new multi-year highs after the strong buying on Tuesday, but leadership still remains in question.