two part question
1. With the likely hood of Energy/Commodities now out of favor, what is the next
sector likly to be the next leader from Aug-Oct?
2. Any comments about Vector Vest Pro or Con? I am looking at purchasing the
software but, I do not know of anyone who has used this software, as another
Trading tool to use.
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I tried Vector Vest before. It is ok, the reason why I don't care for it, is
that they have all these cool features, but they are all very expensive
add-on's. It is good as a stock screener, but not much more unless you want to
pony over big bucks for upgrades.
Thanks all for your input.
Happy trading,
Regards,
N.L.
Ryan is correct. I have a pretty diversified portfolio and everything that was
getting killed in it is now working. Retail, Pharma/Medical, and Financials all
did well this week and will continue to do so as long as commodities are out of
favor.
whats hot? what was getting killed by oil? basically early and mid cycle plays
are ramping right now.
you can say there is a long term trend upward in commodities, but that doesnt
mean it cant take a 6 week to 9 month break. its done it before. anyone who
sells you an article about demand for food or more chinese driving, is selling
you an article not a trade (im speaking of the writer). the market isnt playing
a game either. its doing what it does. everything has counter-cylcical moves, it
is natural and to be expected.
i dont use vector vest by the way.
agree with rmblefish - the oil run is not over, the market is playin a game with
oil and I believe it will hold these 110-150 levels the rest of the year, but
the market has proved me wrong once and may do it again, but i think once the
olympics are over China will go back to their ways and say we have demand for
coal, copper, etc... and the commodities will go up again, this move in the
commodities is way overdone... either I would to start to look to start a
position in a energy/commodity name (maybe wait 1 week) to see where oil goes
this week but i think any energy/commodity name long term is a winner
I've never used the software or heard of anyone else using it, so I'm no help
for that question
should have read 'not over' instead of not oil.
shows where my head is at.
I'm starting to think with all the talk that commodities and oil being over,
that they're not oil.
i read a great article(at seeking alpha i believe) about the demand for food
that is going to sky rocket. the message was to take a position now.
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