Sort of a bizarre split market today, small caps are down over a percent while large cap tech is up almost 50bps+. The energy and commodities complexes are pulling back too, which is hurting yours truly more than I'd like. It may be time to start lightening up there, or raising stops... but a day doesn't tell the whole storey, and I'll hold tight for now. Meanwhile transportation and consumer discretionary are benefiting. Mostly interest rate/ dollar induced/ related rotations I supose, but you wouldn't know about all these interesting cross currents just looking at the broader indices.
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