Recent Breakouts and Short-term Leaders Favor Yield and Risk Aversion (w/ video)

As noted in reports last week, conditions are ripe for a correction in the stock market and tech-related ETFs are seriously extended. We cannot predict the length, duration or path for a correction, but we can identify periods when the odds favor a correction and trade accordingly. This means taking some money off the table and/or waiting patiently for a robust setup.