as a side note, i think the financial sector and energy sectors are the place to be for the foreseeable future. I'm liking that the small cap system appears to be bank heavy and the large cap system appears to be energy heavy.
Warren Buffet has the same line of thinking on banks and energy:
"What stocks does Warren Buffett think will do well in a correction? Since the second quarter of 2012, Berkshire Hathaway has increased its holding in Wells Fargo & Company (NYSE/WFC) by 225%, American Express Company (NYSE/AXP) by 193%, U.S. Bancorp (NYSE/USB) by 21%, and The Bank of New York Mellon Corporation (NYSE/BK) by 31%."
http://www.thestreet.com/story/12983119/1/buffett-and-billionaire-investors-look-to-oil-health-care-and-spinoffs-in-2015.html
It appears all the big boys, Buffet, Soros, Pualson, etc, are shedding off the consumer spending stocks, like J&J, Kraft, P&G. Interesting.
Warren Buffet has the same line of thinking on banks and energy:
"What stocks does Warren Buffett think will do well in a correction? Since the second quarter of 2012, Berkshire Hathaway has increased its holding in Wells Fargo & Company (NYSE/WFC) by 225%, American Express Company (NYSE/AXP) by 193%, U.S. Bancorp (NYSE/USB) by 21%, and The Bank of New York Mellon Corporation (NYSE/BK) by 31%."
http://www.thestreet.com/story/12983119/1/buffett-and-billionaire-investors-look-to-oil-health-care-and-spinoffs-in-2015.html
It appears all the big boys, Buffet, Soros, Pualson, etc, are shedding off the consumer spending stocks, like J&J, Kraft, P&G. Interesting.