Can the grinch steal the holiday rally in 2011?

The Fidelity Select Electronics fund (FSELX, change: -4.10%) and the technology sector has led the recent stock market rally. A breakout to new highs is needed to provide new market leadership. Otherwise, we may not see a Santa rally this year.

The Fidelity Select Electronics fund (FSELX, change: -4.10%) and the broader technology sector has led the recent stock market rally. Unfortunately, the rally has stalled recently and a breakout to new highs is needed to provide new market leadership. Otherwise, sadly, we may not see a Santa rally this year.

Mutual fund screens and buy/sell signals are provided by FidelitySignal.com  

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