If you’ve been underperforming like a fool the past two weeks, it’s because you’re ill equipped to see the market. I see it and because of that I am long old man stocks, such as PG, HSY, GIS, and BUD.
Over the past two weeks, this basket of old man value stocks is higher by 2%, while the fag heavy Nasdaq was off by 1.5%.
This is rear view mirror talk, but will it continue?
I’d venture to say maybe a little, but long term, there is no future being a shareholder of PG. It’s dead money. Eventually, growth will be back in vogue. But for now, as junior mans the trading turret, safe value stocks are where the money is flowing.
If you enjoy the content at iBankCoin, please follow us on Twitter
My high sharpe growths have been moving, still some good names to be found
up 98bps on old man ETFs today, still 50pct cash
Is it too late to buy PG? Asking for a friend.
I think so. How much would one commit to a PG trade anyway?
This is all just summer slop. Be patient wait for oversold or near oversold reads on Exodus say under 2.49 or less, and throw a much bigger stack at SPY, QQQ or Russell, TNA.
Look for big upside come Oct – Dec. Gotta buy the selloffs and be ready. Also think this yield curve invert is a fake out.
FIZZFags are fucked. https://www.theimpulsivebuy.com/wordpress/2018/07/05/spotted-at-the-2018-summer-fancy-food-show-bubbly-edition/#comments