The market action in the previous session hinged on 2 key factors: The downtick in Treasurys, and the run in the euro.
None of these names would be problematic in a more hospitable environment.
Yes, prices are high in some areas, but that rarely means what some pundits are warning about. They just want to make a name for themselves -- not to help people.
These are all signs that we are on the verge of a slowdown of epic proportions.
When your economy is better than everyone else's, taking cues from the same old indicators is stupid.
Don't keep all your eggs in one basket, even a safe one. There is no safety in numbers in individual sectors.
Such indicators have nothing to do with fundamentally priced stocks.
The CEO of a railroad giant projects sufficient growth, and it's all private sector driven.
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