Last week’s market action in interest-rate sensitive stocks such as utilities, REITS, and some of the banks was impressive. And as far as I am concerned, a bit too impressive. I pulled up all the charts from these sectors and after reviewing the price moves and accompanying volume, I suspect that much of last week’s gains in these stocks will be tough to hold onto or extend. If interest-rate sensitive stocks found their way onto your radar screen, please take extra precautions in your analysis. I suspect that the Beige Book release on Wednesday will be the next opportunity to hype the concept of suspended rate hikes so it will be interesting to see how much more juice can be squeezed out of this tired story.