Internal Correction

(1) S&P 500 remains at record high despite everything. (2) FSMI rebounding. (3) Priciest industries a bit less so. (4) A good excuse for taking some profits out of Biotech. (5) Internet Retailing is full of hot air. (6) Internet Software is cheaper, but not cheap. (7) Is there a shortage of growth stocks? (8) Growth stocks tend to attract attention and well-financed competitive startups. (9) Internal corrections broaden the bull market. (10) Financials may be too cheap now that they are so regulated. (11) The parable of Alibaba and Tencent.