Fund managers rushed to boost their portfolios that will be presented to clients at the end of the quarter. |
History seems to be repeating itself. |
It's quarter-end. Everybody is now trying to make their portfolios look handsome (with window dressing). |
It's time to take profit as the market rose for most of the last two weeks. |
Perhaps, Moody's was just being honest. S&P was being kind. |
Technically, these stocks are due for a rebound after being oversold last month. |
There is a knee-jerk reaction to this short-term political concern. But should foreign investors realize that this is not for the short term, they may be prompted to sell as well. |