As I had hinted last week, I didn’t plan to make many changes to the signals due to the lack of a normal trading environment during the Thanksgiving holiday. With the last two days of big gains, that strategy may seem to have backfired on me. So be it! HEDGEfolios is not about two day rallies and often, it’s not about 2 week rallies. I work really hard on each of the almost 4000 stocks and ETFs to smooth out short term volatility. In doing so, I use fundamental and technical tools that help me disregard the noise and along with that comes the danger of missing out on massive short term reversals. With only 95 new UPs and 46 new DOWN signals this week, I clearly didn’t anticipate that we’d advance at such a steep slope. Note that Abu Dhabi’s Sovereign Wealth Fund does not consult with me and neither does Don Kohn and even if they had, I would have ignored the possible short term effects of their actions. If you want a reactive and panicky and hyper and short term analysis, you are in the wrong spot.  If the last two days are confirmed throughout the week by real buying (not short covering or premarket spikes) on significant volume, it will show up and I’ll make the changes that I feel are meaningful and sustainable.