Pulling in the horns

The bulls may want to pull in their horns a bit this week. Apple’s uncertain earnings in the middle of this week combined with the sudden rush of ebullient sentiment are a bit concerning.

There are a host of ETFs and stocks with great setups here but patience for better entries is probably warranted. At our shop, we’re in the midst of reworking some of our exposures for 2013 but doing so very gingerly here.

Stuff like this ought to give you pause:

New Bloomberg Poll Shows How Crazy Bullish Investors Are Getting (Business Insider)

Are Mom and Pop Heading for Wall Street? (WSJ)

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