Sector RotationThe big leg down today with average volume is NOT company specific. Number of funds including MMs selling ahead of White house announcements on Tax cuts and fiscal spending. We may see a big down move on Gold depending on how the market interpret the news. These events are noise and Long Term fundamentals are intact. I do share all the frustrations but I think we've been here many times before.
Financials will be released either this week or next and should be very good. Expecting some details on improvements on SF production status. Previous management has done a good job in lowering expectations so any surprises should lift market sentiment. Better to under promise and over deliver.
God Bless the Longs.............