What is bothering me is that the defensive sectors, including financials, were weak. The strong sectors were those you would expect to be strong when the economy roars. Quite frankly I do not think this is the case.
I am not convinced about all this optimism. But then, I have been wrong before. Time will tell.
To find out more about my in depth view of the markets and my strategy just visit my website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can call me at 1-800-833-2782 to discuss your specific money management needs.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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