Table of Contents:
1) We know where you live.
2) The stress in the credit markets might not be large, but they’re definitely growing.
3) Rotation? Well, the tech sector is still extremely important…and the chip stocks still hold the key.
4) When markets move to extremes, they don’t have to reach record levels to be considered bubbles.
5) Updates on the charts of the major equity indices.
6) We’re going to dislocate our shoulders.
7) More signs that another leg for the rally in “hard assets” is beginning.
8) The “HALO” stocks are getting expensive and overbought near-term.
9) Potpourri…..The XLF stands at a critical technical juncture.
10) Summary of our current stance.
