If you've got significant profits in a stock like Cisco, it...
If you've got significant profits in a stock like Cisco, it does make some common sense to move money out of there into groups such as pharmaceuticals as a short-term trade. This is more of a rotation rather than anything else, ... Until the Fed registers its vote at the end of August, I think you just see more of the same - a lot of churning and going nowhere fast.
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