Market trendsIt sure seems like big funds are having to move money around in the stock market more and more lately. First, they moved out of the small caps, then out of precious metals such as silver and gold. During an earlier market top, selling by big investment funds hurt stocks such as Twitter (TWTR), Pandor (P), FireEye (FEYE) and Zulily (ZU). In recent weeks, big tech stocks have taken a hit. They include Microsoft (MSFT) and Oracle (ORCL). I am looking for the sectors the funds are moving into and trying to catch the upside caused by their buying activity. Here are some stocks that I am watching closely to see if there may be a buying opportunity: JD.com (JD), China Dangdang (DANG), Autohome (ATHM), Bitauto (BITA), Freeport McMoran (FCX), BHP Billiton (BHP), Vale SA (VALE), and Chevron (CVX). As always I am also ready for a major correction if it happens to show up. In that scenario, I can use some inverse ETF funds such as the ProShares UltraPro Short ETF (SQQQ) to reduce my portfolio's exposure.
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