XLP and XLU, not sure if anyone took these with me when I posted
them, though essentially were both the bottom when they were
posted. Just looked so overdone, given the business, dividends, and
both at major demand zones..attractive given the backdrop. I
believe XLU would have qualified as a demark 9 buy signal as well.
Still learning about that.
Still going, huge blastoff today. Anytime areas like this are
oversold like that into demand zones, they are buys. Tightening up
my positions as rsis are getting extended.
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XLP and XLU, not sure
Posted by fundamentalvalues on 23rd of Jun 2022 at 10:01 am
XLP and XLU, not sure if anyone took these with me when I posted them, though essentially were both the bottom when they were posted. Just looked so overdone, given the business, dividends, and both at major demand zones..attractive given the backdrop. I believe XLU would have qualified as a demark 9 buy signal as well. Still learning about that.
Still going, huge blastoff today.
Posted by fundamentalvalues on 28th of Jul 2022 at 02:47 pm
Still going, huge blastoff today. Anytime areas like this are oversold like that into demand zones, they are buys. Tightening up my positions as rsis are getting extended.