A lot of chatter today on the strength of the Qs but a quick glance at the Lazy Man Rotator indicates SMH is the better bet. We looked at this last week when the SMH 5 day trend was leading the pack and the Rotator shows SMH still has twice the trend strength of the Qs. The Rotator chart has SMH as the focus ETF (shaded area) and helps to visually support the argument. XLB is faltering a bit after a powerful rally over the past few days but still displays impressive buying surges throughout the day. Also of note…TLT is in the green…suggesting SPY weakness to come. It’s Friday… and expected.
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