03-09-2021, 11:51 AM
(03-09-2021, 11:12 AM)vbin Wrote: Tech green, UTEs flat, value green. Is there anything with sensible valuation can buy ? LolUTEs are about it and I'm already overweight from the 47 beatdown buys
Sold covered calls on PLTR.
Defense and Pharma looks reasonable enough on valuation but only for a long hold as politics will likely keep them flat until there is just nothing else left to buy. Hard to imagine chip stocks won't have a pretty good year but likely a bumpy ride. I think were are held prisoner by the ten year T bond rates for awhile. Pretty crazy swings for a .03 move up and down. Market will probably just have to get used to the idea rates are going to go at least somewhat higher with or without the FED. All this excitement and we are sitting near market ATHs for most indexes. IMO bull isn't dead anytime soon without a big event.