Risk-On Trade - Out In Full Force
February 27, 2014 at 14:46 PM EST
As the S&P 500 Index (NYSE: SPY ) futures and ETF equivalent broke out to new all-time highs on February 24, the charge was led by the usual cast of momentum stocks -- Facebook, Google and Tesla. While fund managers who lagged the market in 2013 pile into these issues, they must dispose