I noted a couple of weeks ago there were 7 out of 41 precious metals stocks on Value Line's "Worst Performers - Latest 13 Weeks" list. That's a lot from just one sector. They weren't down much as the whole list only ranged from minus 8% to minus 35%. That range is historically rather bearish as it signals that investors don't think there are very many bad stocks out of 1700 in VL's universe.
Hi Toof, KRE... Yes, with the spreads getting wider between short and long term rates, that should help the banks... Mortgage rates first to go up, savings rates last, you know the game... Congrats on the sell... My sells yesterday helped push my cash up even higher as V-wave flashing we're on thin ice here... Best regards...
Hi Toof, Curious how you had a 12% sale on KRE? When I place a GTC order it's somewhere between 5 and 10% unless it's an LD-AIM or a position I want to thin out in which case I lower the sell SAFE to get a larger sell.