Posted by fredsaid on 17th of Jun 2021 at 07:00 pm
I have AMZN, NVDA and AAPL (sold today). I have a little
EEM and plan to add over the next week or two. So glad to see
this rally in the USD, i'm selling it against the CAD all the way
up. Sold out of QQQs in my 401k today and plan to add back in
over the next week or two. I unloaded most reflation,
materials, energy last week when CAT and DE started tanking - I'm
betting these will bounce tomorrow or Monday and then continue
lower (again over the next week or two) and then I'll start
accumulating. Common theme - bring on the June Swoon Stock
sale !!!
Posted by fredsaid on 18th of Jun 2021 at 12:49 am
The sector leaders are often the canary in the coal mine (not
sure that works...maybe they are the elephant in the coal mine).
Look how JPM acted over the past week and what has happened
to the rest of banks Thursday... bounce looks due (move to cash)
and then the sale will be on (back up the truck) !
COST was in Thursday's Newsletter as 'either'. I'll be
watching... Judging by how XLY and XLP has been trading, I tend to
think the break will be to the downside, so probably the opposite
will happen...
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I have AMZN, NVDA and
Big techs in my holding doing well (AMZN, NVDA, AAPL), ...
Posted by fredsaid on 17th of Jun 2021 at 07:00 pm
I have AMZN, NVDA and AAPL (sold today). I have a little EEM and plan to add over the next week or two. So glad to see this rally in the USD, i'm selling it against the CAD all the way up. Sold out of QQQs in my 401k today and plan to add back in over the next week or two. I unloaded most reflation, materials, energy last week when CAT and DE started tanking - I'm betting these will bounce tomorrow or Monday and then continue lower (again over the next week or two) and then I'll start accumulating. Common theme - bring on the June Swoon Stock sale !!!
That's a great point about
Posted by foody518 on 17th of Jun 2021 at 08:30 pm
That's a great point about CAT and DE, I just didn't understand how to act according and promptly to those signals
The sector leaders are often
Posted by fredsaid on 18th of Jun 2021 at 12:49 am
The sector leaders are often the canary in the coal mine (not sure that works...maybe they are the elephant in the coal mine). Look how JPM acted over the past week and what has happened to the rest of banks Thursday... bounce looks due (move to cash) and then the sale will be on (back up the truck) !
COST was in Thursday's Newsletter
Posted by lapri24 on 18th of Jun 2021 at 01:51 am
COST was in Thursday's Newsletter as 'either'. I'll be watching... Judging by how XLY and XLP has been trading, I tend to think the break will be to the downside, so probably the opposite will happen...