02-21-2022, 04:58 PM
One thing is certain. Know one knows where the market is headed tomorrow, the next day or 6 or 12 months from now. So what I'm doing is, I'm not adding any new names. I'm just adding to the names I already own. I add 1 or 2 shares on 10-20 + dips. No tech names or anything with a PE over 30. That's my philosophy going forward.
I believe what others on the board do. Add to you oil, gold, banks, Insurers ect. These are the names that will do well over the coarse of interest rate hikes.
To me oil has a lot more room to run. Gold seems to be on a bull run as well of late.
I hear all these people say buy because these companies are now lower then there pandemic lows. That has not worked the past 6 weeks lol
I believe what others on the board do. Add to you oil, gold, banks, Insurers ect. These are the names that will do well over the coarse of interest rate hikes.
To me oil has a lot more room to run. Gold seems to be on a bull run as well of late.
I hear all these people say buy because these companies are now lower then there pandemic lows. That has not worked the past 6 weeks lol