Last week, we saw stock market recovery which is always welcome event. I believe for short term the stock market most likely has bottomed but true bottom is always retrospective. For true trend reversal we need at least three higher highs and three higher lows.
I feel like I am late to the party with energy, commodities, and materials. However, I like the healthcare sector.
I am short treasuries, via $TBT and $TBF shares and calls. Housing with higher interest and inflated prices, IMO, will come under pressure soon. I am looking for a way to short housing too.
Thoughts on current stock market
Nice write up! It’s a tough market to navigate.
I feel like I am late to the party with energy, commodities, and materials. However, I like the healthcare sector.
I am short treasuries, via $TBT and $TBF shares and calls. Housing with higher interest and inflated prices, IMO, will come under pressure soon. I am looking for a way to short housing too.