Despite the impressive rally this week, even if it follows-through in the coming weeks I suspect we are at that stage in the March 2009-present cyclical bull where the rising tide might not lift every single boat. There will always be laggards, but watching Apple underperform again last week might be the clue to look for laggards in other huge winners heretofore.
Case in point, Ulta Salon, Cosmetics & Fragrance, Inc. is churning after an extended uptrend since 2009. There is lots of that ULTA makeup on this bull, but it might be late in the day and the makeup will eventually wash away to reveal a butter face.
On the weekly chart below, can you see the momentum indicators slowing since 2011?
She’s got a onion ass cause its so fine it make me want to cry!
“but watching Apple underperform again last week might be the clue to look for laggards in other huge winners heretofore” …lot of good info in that statement; rotation is key
Much better Chess. I guess she must have needed that bag over her head. I am sure she would not have to where it for me.
Much better Chess. I guess she must have needed that bag over her head. I am sure she would not have to ware it for me.