This is a good time to see winners and losers in your portfolio. The stocks in
the green bucking this broad based sell off, are what the market drivers are
buying. What is selling off the most should be the positions that are trimmed
when the market pulls higher.
I am only taking this stance because the market now faces a lot of resistance at
this level. And those stocks selling off the most will face the most resistance.
Does this logic make sense?, Any other key indicators that you are watching?
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based on one days action? doesnt do anything for me unless im daytrading it (and
i only daytrade futures).
based on that logic then the market is just going lower (and it just might).
youre talking 60% decliners and over 80% in tech and commodities.
based on this rally thus far, if the dollar is weak, commodities and stocks are
higher. if commodities is what i should be trimming back on then i might as well
just get out of the market
Nothing wrogn witha bit of stability in T and MSFT. Its better than being
crushed with the momentum moves out of industries where the profit margins have
contracted so much that the companies are really struggling ie Nat Gas
companies, semiconductors, most industrials ect.
Those two companies buck the upward trend in the less worse news trade because
they have continued good news, they are secular stocks as opposed to cyclical
stocks exposed to cycling around the long term downward economic growth curve
this country is facing.
According to your theory my best stocks are MSFT and T. hahaha! These have
been my two biggest dogs for a couple years now.
:)
Dividend-paying stocks, which have been completely ignored as the market
rebounded over the past three months, are finally moving up. Take a look at the
utilities, for an example.
HYG, LQD, JNK
you do know it all depends on WHERE you bought WHAT at and WHEN you bought it as
to whether it's in the green or in the red! and in a bull market even losers can
look like winners and in a bear market, winners can look like losers.....you
know there really is something to Cramer's 18 month timeline rule.
1 months ago - Report Abuse
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