The leadership sectors are in the most beaten down stocks, aluminum names, commodities destined for zero but first bouncing off the concrete for fun. If this were a serious rally, financials would be leading, since higher rates helps them most.
On Friday, Exodus flagged oversold. I felt so comfident about that signal, I had a video done in its honor.
Then, due to the novelty of the whole video making business, I made another one.
Which one do you like better?
In case you’re wondering, I’m doing well today. Nothing terrific, but well enough to justify punching one or two homeless men before heading to dinner.
Top picks: COST, CNC, PAH, SHAK
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Timing the jump in on an oversold signal is always a challenge:
– You may come in early
– You may not buy enough
– You may miss it altogether
But you always get rewarded
okay if you say so
i’m showing 340 up on my screens and 60 down. I could only find three names to buy today.
Lapdog rally
of which the inverse is true. Puppetmaster rally
Tis a rally none the less.
rally: “a quick or marked recovery after a reverse or a period of weakness”
Reasons behind that rally don’t matter right? If governments are putting your money further at risk in a deteriorating or increasingly chaotic environment? Right?
Oxymoron market?