Just remember, it is still a ridiculously narrow market.
In this holiday week, consider doing something for someone you need absolutely nothing from.
We just wanted to repeat what we wrote to you this weekend…and that is, in a nutshell, narrow markets are much more easily sold off than markets with strong representation. It is vital during these times that you stay as SECTOR and STOCK SPECIFIC as possible as there are still many bear markets underneath the surface of the stronger big cap indices.
Futures whacked this morning on blah blah blah. We suspect this has to do with all the divergences that are out there.