iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Here Come The Cars

[youtube:http://www.youtube.com/watch?v=-_JTzF966Ns 550 412] ________________________

The auto dealership and car parts plays are on fire. Here are just a few. Note that some are already extended past proper buy points, and thus should be stalked for better entries after consolidating. However, it is extraordinarily important to be cognizant of which sectors emerge as the new leaders out of a correction. As you can see on the following charts, the auto plays seem to fit that description.

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2 comments

  1. GYSC

    We got a letter from toyota that was begging for a trade in for parts! Not my car, but demand is there, great catch!

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