|Day Low/High||17.75 / 18.04|
|52 Wk Low/High||14.44 / 25.18|
The action so far looks to be driven more by fear of being left out than euphoric chasing.
My primary goal is to stay flexible and not just sit there.
If you aren't in the favored sectors right now, you are going to miss out.
I feel like I've been in a wrestling match with the technical issues and big moves.
The old saying about not fighting momentum is in play.
I'm focused on stock picking and continue to hunt for more sector plays.
It is the nature of trading to be caught by surprise and the most important thing is to just take it in stride the best you can.
I view the trading action as opportunistic rather than problematic.
Here's how I see the action now, and my take on new public offerings and the current worry of some investors.