Tuesday, January 10, 2012

Daily Market Snapshot 01 09 2012

Daily Market Snapshot

The Market is strong.

I recommend that you click on the following link to view an updated "Understanding the Daily Market Snapshot" pdf slide presentation. It is brief and, I believe, worthwhile.

http://www.gerritzwealthmanagement.com/wp-content/uploads/2012/01/Daily-Market-Snapshot-Slide-show-2.pdf

The Risk-On trade is back in vogue.

Our recently added positions in fertilizer stocks (CF, MOS ) and energy stocks (cog, cvx,xom,glng, xle) are beginning to come on strong.

Other areas that are doing well for us are the regional banks (kre) and semi-conductors (soxx).

Additionally, our shift away from defensive issues has been the right move. I will continue to shed some of these weak sisters.



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