Just a quick update to Monday’s action. A late afternoon swoon took the wind out of the market’s early head winds but, true to form, the last 90 minutes produced the high of the day for most positive beta issues. In the Lazy Man portfolio XLB was the top performer, reinforcing its role as Friday’s selection as the Lazy Man pick for this week. Coming soon, the Really Lazy Man Rotator which consists of only 3 issues and cash. Essentially a binary model, its almost frightening in its simplicity. Stay tuned.
