Just when I thought the MensaMonkey was taking the rest of the year off, he springs to life and jumps from the XLU to the XLI just before the close of trading today. The more conservative XLU has been replaced with the more "energetic" XLI as can be seen by the chart at the end of this post. Nothing earth shattering here but this does signal more of a bullish stance by the MensaMonkey. Could the QLD be far behind?
I'm just glad all of those zeros and ones are working as I was beginning to think MM was in permanent sleep mode.
I shouldn't be so greedy. With the last XLU trade actually making 1.3% over the last two months, the total gain for the 2012 MensaMonkey sits at about 31.1% for the year.