Playing the Pullback
If you've been reading this column, you know that I'm trying to capitalize on what I perceive to be a rotation away from safety and income and into equities. Money has been flowing away from U.S. Treasuries, sending the key 10-year and 30-year benchmark yields higher, and that money is going to be put to work.
For my reasoning as to why this rally might have legs, please see yesterday's column. As time goes on, we may want to bypass the more defensive sectors in favor of something with a bit more octane -- specifically, select tech stocks. For now, to capitalize on the broader move, I'd like to add some SPDR S&P 500 (SPY)....330 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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