Yeah my port is pretty defensive so most of them don't qualify as beaten down. I definitely have a few but I am heavily weighted in the sector. Most everything getting truly beaten up is clearly speculative or was way overvalued so you aren't getting a deal unless they get crushed.
There are plenty of deals if you don't already own them. I am slowly parking cash in QQQ. I could possibly move that to a few tech stocks later. I remain confident some companies are going to cause uncertainty with forward earnings guidance. When you have 150 container ships unable to offload just in LA, somebody is going to have a rough quarter and it will be soon. They have little idea if this improves in 6 weeks or 6 months.
Or am I just overthinking this, earnings will be wonderful and supply chain issues are just bunk? It's not like F is crashing to my amazement.
There are plenty of deals if you don't already own them. I am slowly parking cash in QQQ. I could possibly move that to a few tech stocks later. I remain confident some companies are going to cause uncertainty with forward earnings guidance. When you have 150 container ships unable to offload just in LA, somebody is going to have a rough quarter and it will be soon. They have little idea if this improves in 6 weeks or 6 months.
Or am I just overthinking this, earnings will be wonderful and supply chain issues are just bunk? It's not like F is crashing to my amazement.