Highlights
- In Friday's CMI note, we said we needed to see an improvement in our trend model readings before spinning Thursday's violent rotation as being the precursor to a robust bull market.
- After updating the models this weekend, we can say that we have indeed seen adequate improvement.
- While this doesn't change our long-standing fully invested position in leading stocks in leading sectors/industries, it does change our mindset from expecting failure after strength to. . .
