Thought for the day, plus some posts of interest!
S&P back to a short term uptrend (2EMA over 5EMA), as it chops sideways inside an ascending wedge (see chart below). Only time will tell if it can break out higher. I sold my 2nd half of XOP today as it rolled over for a +1.28% gain. I bought XLP and MDY today. My watch list for 5/5/15: XLU, XLY, XPH, KRE, IBB, IYT, FDN, VUG See Charts
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