Quote:
Originally Posted by lime56
get the hell out of commodities and get into short term financials. play of the week!
Posted via RS Mobile |
another great piece of advice, basic materials (commodities), currently the best performing sector, which makes TOTAL sense on bail out news/speculation, as this would nip any recession in the bud ,and given the huge sell off (hugely oversold) of commodities of late on growing expectation of a recession:
Sector Change % down / up
Basic Materials +3.66%
Capital Goods +3.23%
Conglomerates +2.90%
Cons. Cyclical +2.50%
Cons. Non-Cyclical +1.90%
Energy +3.17%
Financial +2.65%
Healthcare +2.14%
Services +1.98%
Technology +2.57%
Transportation +2.59%
Utilities +1.50%