This BETA shift we have been calling for in your portfolios is already starting to work. The next leg of the market making higher lows (after selloffs like this morning's) will be characterized by higher quality, lower beta stocks and asset classes. The base of this market’s bullish recovery is broadening. 2008 is yesterday’s problem.
When beta becomes alpha - that's a very cool thing...
What do we have in our virtual portfolio that is signing this "in the green" song this morning?
Keith R. McCullough
CEO & Chief Investment Officer