Consistent with a late-stage bull market rotation into “safety” and energy sectors, BPT SJT are two energy trusts with sizable dividends.
On their respective daily charts, below, note the recent strength. Watch to see if the rotation continues into this space for long ideas.
Also recall the strength of these energy trusts at the end of the last bull market in 2007/8.
Drop me your top tickers overnight.
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Chess, what are your thoughts on materials? Particularly steel, $X.
Leper tape. Get comfortable then your dick falls off. The extended “safe” sectors look like the biotechs did a couple months ago.