01Mar3:50 pmEST
Rolling with the Twists and Turns
The downright sloppy action in the small cap-dominated Russell 2000 Index seems like a distant memory today, with stocks surging virtually across the board and bulls making fools out of top-callers again.
To reiterate a point from morning blog post, there seems to be much ballyhoo regarding analyzing the macro, be it the economy, politics, or broad market timing.
Thus, it may be correct, according to game theory, to simply focus on the action below the surface of the market, instead. Specifically, putting in our daily work to identify the best setups and rotations, and catch-up plays to follow those leaders higher which have not yet broken higher. Indeed, with bios like CARA KITE going bonkers to the upside the XBI continues to be resurgent sector of late.
We wil be doing just that for Members after the bell tonight. See you there.
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