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stiv

09/02/20 1:53 PM

#1367 RE: No-Quarter #1363

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.