The news just seems to follow the markets.
The rubber band was stretched tight and this thing was set up like a slingshot. It doesn't surprise me it snapped back. It surprises me it went down in a straight line for so long.
This group is as cheap as they've been in years, but there's a reason for that. Pricing is decelerating, unit volume trends aren't particularly exciting and the pipeline isn't robust.
If the pattern plays out, you'll get the first decent downside correction we've seen in a year.
The market never goes down three years in a row? You might as well get a lucky penny and flip it. The market can do anything it wants to.
Be patient - there's the rarest thing on Wall Street.
