It’s a new year, but the market continues to chug ahead, with the major trends pointed up. And, encouragingly, we’re seeing many growth stocks, which had been taking it easy since early October, begin to reassert themselves. It looks like the advance is broadening. Not all is sunny, of course—selling pressures have arisen on many of last year’s winners, with a few of our stocks getting hit. We’re selling one of them today (Netflix), but we’re replacing it with another (ServiceNow), and hoping to add a couple more new names in the weeks ahead, as long as the market and growth stocks continue to act well.
