07-10-2021, 08:17 AM
(07-10-2021, 07:25 AM)fenders53 Wrote:(07-10-2021, 05:37 AM)ken-do-nim Wrote:I'm not buying them at this end of the biz cycle but we already had that conversation. Just mentioned Chuck because he is good and I am fair and balanced like that lol.(07-10-2021, 04:08 AM)fenders53 Wrote: Mickey D's three times a week? I was a neglected child lol.
BTW Chuck has a good YouTube vid on LYB. He likes it.
Looking at their chart, I think being patient and waiting for them to dip into the low 80s, maybe even 70s, would be ideal.
Nothing is a buy right now. Nearly every stocks RSI is above 70 and higher. This market will give you buying opportunities soon. Just have to be patient and not get in that what ever I buy will go up lol
Gold has come down lots even though its above 1800 now. That may be a place to add some trades. I wouldn't be long that side but you can make some money if you time it right.
This month you have Transportation down 3.9%
Materials down 3.32%
Consumer down 1.59%
I would look into those names within those sectors. Everything else is over valued by 15-20% lol