Broader market continue to show strength as laggard sectors $XLV +3.5% $XLU +2.4% and $XLP +1.8% finally joins the bull party via breaking out from their highlighted bases. Short term breath remains bullish bias with no signs of weakness. However, there is evident rotation from leading groups, as seen with $MGK -1.0% $SMH -2.0% $WGMI -0.8% $XLC -2.4%, while $QQQ decline -0.9%, its equal weight coutnerpart $QQQE closed the week with an impressive +0.8%. The decision on whether sizing down from strength in the previous week was right or wrong remains to be seen. But one thing that is definite is the significant reduction in profit and loss volatility. As we face a slew of upcoming earnings, the outlook for the immediate week remains uncertain. Make sure to be aware of the earnings dates for the sizable holdings in your portfolio. Avoid the scenario where you may experience significant
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