THE CLOSE
A few things stay the same and a few things show up.
Staying the same: Continue to avoid energy, oil &gas, most commodities, big retail, most auto anything, most financials and a smattering of other stuff.
Best areas remain big cap over small cap…by a lot. Big tech/internet/semiconductors, the FANG, China ADRs, managed care, housing, and now emerging, rails, a few airlines, defense, a few restaurants and insurance stocks now breaking out . So…some new stuff.
Dow almost out of range and S&P out of range. Nasdaq/ndx still lead.
FXI moves into highs, emerging still good. Brazil yonked. (Too many crooks running the joint!)
And the Mets are still injured!