Rally firms up with some leadership
Market update:
Earlier this week, I wondered if this was a fool's rally, lead only by financials.
Strike that. On Thursday and Friday, 3-12 and 3-13, healthcare stocks lead the way. Consumer staples is also showing some strength. These are the leaders we would expect to see in a new sustained rally. ... I may start nibbling on pullbacks (VDC, VHY, IHE, IHI). These are ETFs I dumped in the past few weeks.
Maybe that was the low we saw March 6???
Earlier this week, I wondered if this was a fool's rally, lead only by financials.
Strike that. On Thursday and Friday, 3-12 and 3-13, healthcare stocks lead the way. Consumer staples is also showing some strength. These are the leaders we would expect to see in a new sustained rally. ... I may start nibbling on pullbacks (VDC, VHY, IHE, IHI). These are ETFs I dumped in the past few weeks.
Maybe that was the low we saw March 6???
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