Wrung Out

I'm glad I bought DIG last week, as well as SD, POT, FLR etc. etc. They've outperformed the general market handily.

I'm expecting (and got today)some pressure on energy stocks. If my guess is correct, however, they should challenge their weekly highs sooner rather than later.

Other buys: UUP, AAP, FRO, SOLF (again!...I think it might be ready for the next leg up)...CMI is retracing back from it's breakout in an orderly fashion, no biggy...

The financials are a god damned mess. I feel they are very oversold here. If they bounce weakly in the coming weeks, I think this is a good area to short. However a strong bounce would not surprise me at all; think of all the happy shorts leaning all over the sector! The fundamentals are gross, and I believe long term investors should continue to avoid.