HGSI Doc Top Down Review 8.14.2016
This was a week like watching the paint dry. Of course underneath the indices there was rotation and some high profile winners and losers. Yet the indices were mostly flat on the week as we continue to wait to see if the market will break to upside or downside.
Please join me on my Top Down Review as we look at the market, leading industries and identify some top stocks to look at. I continue my Chart of the Week with a retail play as retailers and department stores started to look very interesting as the week concluded. I also note how buying protection is really cheap as the VIX bounces close to its bottom.
Have a great week.
PS: Contact me at HGSIDoc@gmail.com for any questions about the upcoming live meetings.