We’re right in the thick of earnings and the markets have been surprisingly resilient.
Our long-term stocks have continued to shine (DIS, NKE and SBUX among others). The financials have bounced back, mirroring their longer-term OVI readings. Our bear flags from last week have generally continued to be bears, and our oil & gas stocks have also mirrored their OVIs.
In the midst of all that the tech sector and Nasdaq has rocketed.
I’d still vere on the side of caution right now, but I’ll have more news on that in the coming weeks.
