Lack Of Enthusiasm

Maybe the reason we are not seeing the enthusiasm with the current rally that we have seen with previous rallies is that the hot sectors are under performing. Small caps and financials were the stocks that were getting everyone excited and they are both well off their highs. Maybe the lack of enthusiasm is justified? I am considering dropping my requirement that we see enthusiasm as a prerequisite for this rally to end.

The current rally is being led by high quality stocks that are underowned. Healthcare stocks are leading the way. My portfolio is made up almost entirely of healthcare stocks and a utility. It has performed very well in the recent rally.

1 comment:

Anonymous said...

Nice trading dawg.

Time to pop the top off that Moet Rose Imperial.