My Own Market Narrative
"It will take a rally of monumental proportions to save the penis of John McAfee" - Zerohedge, 2017
Tuesday, December 9, 2014
The US market is rolling over... except for these
The US market is rolling over in transportation, internet, autos and so on.
But then there's these:
Semis are still in an uptrend and don't look bad.
Large financial doesn't look bad, and KRE by the way is still horizontal.
And small-cap, amazingly, isn't rolling over yet either.
So maybe today's market dip hides the fact of Wall Street Whitey rotating into these three sectors?
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