Worst thing you can do is think you’re special and buy a basket of down stocks. Only retards do that. Flock with the rest of the sheep, try to front run their next move, and get out quickly. When screening for stocks, it’s important to make a comprehensive list of names that are GOING HIGHER, not lower. This isn’t rocket science.
Here are the standout sectors of 2020, thus far.
Residential Construction +8.5%
Alt Energy +8%
Home Healthcare +8%
Application Software +7.6%
Software and Security +7.5%
Electronic stores -16%
Drug Stores -7.6%
Oil and Gas exploration -6.8%
Simple enough, ain’t it? Commodities and retail are out, healthcare and tech are in, with an outlier in the homebuilders.
What about the broader view, by sector?
Here is the data.
Basic Materials -2.6%
Consumer Goods +1.1%
It’s of course possible that some of the losers will reverse and trend higher, but you’re better off waiting for confirmation instead of attempting to time a bottom. Remember, only losers time bottoms. We can do it in Exodus because we have advanced mean reversion algorithms with over a decade of real trading data. If you’re not a member, you have none of that shit and generally suck at trading.
I made some cheese’d steaks for the fam. I, myself, did not partake because I don’t eat large amount of carbs. “The Fly” is a muscle machine now and only thinks about wellness, fitness, and winship these days — no booze, no pipe tobacco, no nothing. Fucking austerity rains supreme at House Fly and there isn’t any time or room for fun.If you enjoy the content at iBankCoin, please follow us on Twitter