The Growth sector is just beginning to re-assert itself after a bout of profit taking. I am adding back-in an allocation to the growth stock sector today.Growth vs Value
Relative Strength Chart
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| Growth Stocks mounting a comeback. |
GWM Major Markets Folio
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| Major Markets Folio is now balanced between growth and value. |
We took new positions in the IShares Small Cap ETF, IWM, and in the Spyder S&P 500 Pure Growth ETF, RPG.
Meanwhile the slow market melt-up continues and is now in over-bought territory. Too many days up without a meaningful pull-back. There is a great deal of rotation going on internally; so maybe we are just getting a rolling correction of sorts. A 3 to 5% general market pullback is coming though; I just don't know when.
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