Cap Weighted Indexes are still rising while further down the capitalization ranks, smaller companies are flattening out. Narrowing breadth has usually been a sign of market fatigue and a need for consolidation.
That said, I did get some CY sold yesterday. We let 10% of the warehouse's inventory go at a nice price and reset the next Buy and Sell targets. I also did a buy yesterday. Added 10% to my Walgreen's position. It seems everyone is betting against WBA and CVS pharmacies as Amazon threatens to invade that space.
I don't know how the pharm play will work out yet but at least there's a dividend to placate me. Maybe the Shorts will tire of playing in this sandbox and move on.
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