The dollar is a mess, interest rates appear to be on the rise, oil prices are going up and some earnings are looking weaker - it all adds up to bad news. I'm taking some profits on certain stocks, but it's not time to go running for the exits just yet.
Going into January, large-cap stocks had been at a historical high, whereas small and mid-caps were almost at a historical low in valuation.
The chair next to Nana was never empty for long - it was prime real estate.
I have heard that some of the sell programs have been buying Russell 2000 futures.