Focusing our attention on buying stocks over the past 5-6 months has paid very well. This is especially true in the stocks that have been showing the most relative strength this year.
The laggards remain laggards. The losers are mostly still losers.
The breadth improvement, however, remains in place.
Rotation overseas continues to broaden.
It’s gotten harder and harder to make money from the short side since this Summer. [Read more…]