Tuesday, March 15, 2011

Paid to Wait Stocks Shine in Market Sell Off

All of the major U.S. stock averages are now on pace to close at new lows after all peaking on February 18th. Leading the way on the downside are the Nasdaq and Russell 2000, which are both down more than 5% from their highs.

Source: Bespoke Group. Data as of 3/14/11.

WFG is overweight high quality Paid to Wait stocks, underweight small company Russell 1000 stocks entering 2011 and short Russell 1000 stocks in our mutual fund.

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