RE:Buy on the rumour Sell on the newsmarket sentiment is turning I feel.
Many of the leaders lately seem to be showing signs of weakness. High flyers have been correcting. So much good news baked in. VIX is at low end........
Lots of good nuggets on CREW. Good hedges @ 50%, seem to be using conservative #'s. Setting themselves up for surprises and upside. and we made money!
Next Q should show further improvements.
Doesnt help market is sidways today and many are starting to build cash....
Enjoy the weekend.