Sector rotation is prevalent. Russian vaccine? Washington politics? Although the overall market trend is still positive, on any given day announcements can change which sectors are acting strong and which sectors are going to be sold off. Continue to stay predominately long but it is now much more crucial to be ready to take profits when sectors starts showing weakness and moving funds to new sectors.
August 11th Daily Market Comments
Sector rotation is prevalent. Russian vaccine? Washington politics? Although the overall market trend is still positive, on any given day announcements can change which sectors are acting strong and which sectors are going to be sold off. Continue to stay predominately long but it is now much more crucial to be ready to take profits when sectors starts showing weakness and moving funds to new sectors.