Quote:
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Originally Posted by r0wr
Quote:
Originally Posted by r0wr
Rotation is just barley starting: out of hi betas, into staples (KO, MCD), and into other dividend paying stocks (safer). If you haven't closed out some of your longs, now is the time to do so. We're in for a correction. IMO, today's decline is considered a buy and we'll try one more time up before we see a true top.
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As stated, the declines were considered a buy and I still see us trying the top again before we see a true reversal. |
Agreed, I'm looking at a turnaround in almost all currencies against the dollar. Meaning the dollar should lose some value in the coming week or so leading to equities rallying