Asset Rotation like a Game of Musical Chairs

Stocks ended mixed today as the asset rotation game continues to play out. Today's game of musical chairs saw energy stocks leading the declines amid a pullback in oil prices (nearly 4%). Also, financials pulled back ahead of big earnings this week from banks JPM, WFC, BAC (on Friday). The Nasdaq hit a new all time high led by AMZN, FB, and GOOGL. Here are some ideas for this trading week...

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2 Comments

  • James Teh

    January 9, 2017

    Thanks Don for your wonderful advise. Best regards. Merry Christmas and Happy New Year

    James Teh

  • Frank

    January 11, 2017

    I guess its how you look at things:: the IWM may be leading the market by 1 - 2 days ??