Pages

Thursday, April 25, 2013

This Week's Sentiment...and Prescription for 2013

This week's sentiment (as of noon on Thursday)...

  • BUY corporate debt
  • BUY high dividend-payers
  • BUY risk
  • BUY banks (and their debts & assets)

Repeat daily until the Fed stops QE and the Financials retreat...so says my crystal ball, but it may only be an illusion. ;-) (I'm watching for a breakout and hold above immediate highs on XLF to confirm and substantiate any further equity advance.)