On to the Next One

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Last week I did some buying.  I bought $HFC $SWHC and $ALL.  I really like the property and casualty insurance sector, $HFC is an oil and gas refiner, and $SWHC makes arguably some of the best handguns and knives on the market right now.  The stocks on my watchlist I posted last week saw some tough luck, and that is part of the game we play. This is why it is important to stick to your plan and execute with precision. I don’t give a shit about tough luck.  I’m buying this consolidation we are seeing in the market for another move to the upside.  I have added some new stocks to my watchlist and with the snap of a finger, I’m on to the next one.

 

Looking at the Utilities sector ETF $XLU:  I’m thinking we see a bounce around the 200ma in the $XLU – If this bounce does happen, I am looking at two utility plays in particular $AEP and $OKE

$AEP

$OKE

I’m also keeping an eye on the domestic telecom service sector.  $T, $S, and $TWTC all look great.  ChessNwine has already skinned $S, leaving traders slack-jawed with the gains he’s seen in that name, therefore I’m liking $TWTC over 26.20 the best.

$TWTC

 

I also like $SBAC over 61.90 level with volume.

Overall, I am betting we go higher.  If it takes a couple more days of consolidation, then so be it.  I am loading up into this pullback, just so long as we don’t see a nasty drop in the coming days.  Remember traders, do not recognize tough luck.  Ignore that shit, snap your fingers and move on to the next one.

 

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