SPY:

基本面 The Stock Market is Significantly Overvalued. Based on historical ratio of total market cap over GDP (currently at 138%), it is likely to return -1.5% a year from this level of valuation, including dividends. 

技术面 月线，周线继续MACD继续上升，日线MACD死叉

本月领涨：SEMICONDUCTOR SPECIALIZED

领涨板块领涨回调： XBI （$81.38, - 95），bbc，BABA

ibd推荐 HQY，WUBA

价值股：SJM，30F还在死叉中