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April 28th, 2014 Watch List

Head and Shoulders? Sell in May and go away? Pro-Russia militants capturing and parading around western observers? These are just a few of the headwinds cropping up over the past few days, as well as the momo sell-off returning at the end of last week. Are we just in the beginning stages of a market correction? The beginnings stages of a rotation in equities from momo to value? Or is this just short term issue that is nearing it’s conclusion? Of course I think its the latter, but will not rule out the former two as well, although i think the rally over the past 2 weeks has lowered the odds of those occurring.

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