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The broader market has taken – If, Then… Market Timing

The broader market has taken

By Rod David | June 24, 2014 - 3:07 pm

The broader market has taken quite an interesting turn. A probe of fresh highs has reversed down under overnight lows — overnight lows that were already a pullback which tried to recover.

I”m concerned with the speculative premium coming out of this market, and how that might deflate the MJ sector”s stocks. If I were to sell one, then I would likely sell them all — not as a pronouncement of the sector, but of the broader market”s influence described above.

I”ll update shortly…

Posted in Bigger Picture