Interetsnig market action today. We have selling that is spreading in non commodities sectors, except in Health (XLV).
I hence decided to turn long the short GILD positions that I had and I am now trying to increase the market short position.
The most curious was the XLK drop that was due to AAPL. After the AAPL issue, funds started to divest during the bounce that followed.
Pascal
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