Play Strong Sectors
"We still like energy, we like the service sector, we still like the metals, we like Newmont , and gold, but, that said, we've had some of these positions for a couple of years, and we're just trading around them. It's not a major re-positioning of the portfolio."
Barry Ritholtz, Fusion IQ CEO & Director of Equity Research
"What we want is a cheap valuation, and moving in the right direction. We've got three sectors doing that right now, still. Health care, staples, and industrials to some extent. If you look at the commodity plays, if you will, the materials, energy, and the other sectors in the commodity space, they're very expensive, but they've been pretty strong. They're starting to lose that momentum, and that looks like a sell signal to me."
Jack Ablin, Harris Private Bank CIO