Speaking of sector rotation, it's not looking good for the financials. The XLF is down and the XBD looks even worse. Stocks like MS, MER, LEH, etc are getting hammered. I'm still long GS from 178 and AGE which I bought back in 2000 in my IRA for 35, but I may be bailing out of both of them if they fall much further.
Interesting stocks:
- MSTR brokeout to a new high
- RIMM new high on big vol
- HURN had a powerful gap up and follow-through
- GEF has based for a week after breaking out to a new high
I'm also looking to get back into MFW. I may have exited it too soon.
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