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Well, since you brought up the “look inside” theme.
There's 3 sectors out preforming the S&P since the Jan low. And some sub–sectors within these sectors have been going great guns.
Just looking for rotation I guess. It do seem like an awful lot of money is congregating in a relatively small area of the market. |
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Hello, sulong. Yes, materials and energy have been doing well, and that would be the place to look for longs when we turn. Do you think it's too late to short?
Incidentally, I should have mentioned that transports are having trouble at resistance as well.