I highly suggest that traders fixated on the familiar high volume, big cap tech names expand their horizons to the much larger universe of mid-, small-, and occasionally microcap names that have been moving below the limited field of vision of many traders. While it has an "upside bias", the Valueline Arithmetic Index recently made a new high, and being an equally weighted index this illustrates quite well the positive movement below the blue chip surface.
Recently stellar performances in selected copper, steel, construction, and retail stocks (among other sectors) have been there for the trading, but unless a trader reorganizes his/her setup to make room for these names they will most likely continue to be institutional faves and momentum trader misses.
The market rotates continually, and serious shifts have occurred that are to be taken seriously if one does not want to stagnate. Take a look at your setup and consider making room for other sectors alongside your semi, networker, and biotech lists.
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