The past week has seen decent gains but yesterday, Tuesday 7-24, was odd.
The final numbers looked blah/ok with a mixed close-- large caps outperformed.
During the trading day, the NASDAQ hit another all-time high. That sounds good until you see the selling that came in after the high was hit. The reversal was pretty robust and it battered small caps and innovative companies hardest. Let's just say it caught our attention.
We remain 100% invested in our ETF Strategy but we aren't as carefree as we were a week ago.
Futures this morning are down slightly.
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