Independent Producers are being systematically crushed, slowly being
wiped off the Competition Map.
The Map itself is on a well defined Roll Up.
Wreck them, collect them.
Master of the obvious type stuff I know but many seem to cling to their
hopes.
The RUT has a large composition of Mixed Bags to hold.
Weightings:
Consumer Discretionary @ 13.1%
Financials @ 15.1%
Health Care @ 21..11%
Industrials @ 15.35%
Information Technology @ 14.13%
Communications, Consumer Staples, Energy, Basic Materials, Utilities,
Telecoms and Real Estate make up the balance.
A horizontally opposed group of Sectors... On the surface of it, many
would argue it is a balanced Index.
It is certainly not, it is a place where Wall Street Parks $ during periods
of indecision as it is a "Safe Place" for BlackRock and Vanguard to defend
positions.... there are 2,000, but a very few are needed based upon
the Sector weightings.
Total Volatility is Highest for the RTY relative to the ES YM NQ (NQ Being 2nd in VX).
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We anticipate a run back up to the Top of the Range @ 2335, our last sell for
a great many handles due South.