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John Carter Markets Analysis: Stock Picking Vs. Index Positions

The current market environment continues to favor stock picking rather than taking positions in the indexes.

The current market environment continues to favor stock picking rather than taking positions in the indexes. There are a few "honey badgers" out there that I think will continue moving with their individual trends regardless of what the market does and this is the area that I'd like to focus on trading and the topic of today's Big Idea. We review action in the S&P 500, as well as the tremendous momentum in Netflix (NFLX) and Chipotle Mexican Grill (CMG). Other names include Wal-Mart (WMT) and the downside pressure in Apple (AAPL). The energy sector remains weak fundamentally and on the charts as we discuss in the SPDR Energy ETF (XLE).

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