Monday, October 05, 2015

Bullish week so far ...

SP500 up 180 bps Monday--strong follow thru from last week's reversal. Will it last?? We don't know.

But, healthcare (the best sector by far during the bull run) not participating in the rally today. Oils, materials (the past losers) leading the upside. Change of leadership in a new bull phase? Or a sign of more downside to come?

Take profits and add short positions as this rally weakens. (Sold inverse ETFs this a.m., but looking to add more).


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