So, what was overdone with the selling? Most all investment sectors?
An interest rate increase, market fart for an excuse.
Was the recent sell down just a twitch for an excuse to rotate some money out and travel back into the same sectors within the next few days?
Where will the "algo machines" and their human counterparts travel the big monies next?
Well, will be watching the openings in Asia much later in the day.
Money is still too cheap and I don't imagine that the big money will stay in cash very long; that the Friday sell was OD'd, meaning "Over Done".
Take care,
Catch
