Wednesday, September 02, 2020 1:53:44 PM
Great chart! I would appreciate to know how you see utilities, XLU in your sector rotation screening. I posted a few weeks back when I started a position in DUK that I thought utilities were a good play and due for a bounce. Now I am starting to think that was a the beginning of a rotation into "safer" things in advance of the downturn.
DUK was an exercise in patience although it's hardly anything at all. I bought a safe stock on the way down and waited a couple of extra days. ADX on the hourly is on it's way back up. Stodgy dividend paying IBM also up today. UVXY doing well.
DUK was an exercise in patience although it's hardly anything at all. I bought a safe stock on the way down and waited a couple of extra days. ADX on the hourly is on it's way back up. Stodgy dividend paying IBM also up today. UVXY doing well.
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