Energy Investing - A New Bull Market Or Big Double Top? - Energy Investing - InvestorVillage


This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Energy Investing   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  501209 of 522373  at  6/1/2023 12:57:00 AM  by

Hawaii_io


 In response to msg 501205 by  jwallisca
view thread

Re: A New Bull Market Or Big Double Top?

Double top. What is going to drive a new bull mkt? This mkt is driven by a half dozen mega caps- due to A.I. and a few smidcaps in A.I. Companies i have not heard of until this month. Interest rates not going down. Valuations still too high. Need a good flush to bring valuations in line and a cut in Int rates to stimulate the economy. Earlier I have begun moving back into a handful of biotechs and cash and will branch out into a small amount of SQQQ or similar. Still hold a small amount of energy. My biotechs I hope have catalysts that will allow them to move up even in a poor market. But not as much of course. I feel free to trade for even a 3 or 4% gain if I can get it. I see no reason to expect anything but small gains and profit taking except in a small number of stocks I rarely seem to find and buy at the right time. Bourbon time adds to the length of my rambling post. My apologies.


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 1  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...