Energy & Financials Lead, But The Flight To Quality Has Begun

person using phone and laptop computer

Photo by Austin Distel on Unsplash
 

It's easy to get suckered into thinking the crisis is over and buy the most oversold stocks. For financials, this comes with significant risk as the "crisis" is just getting started and the eventual recession is virtually assured. With this backdrop, the quieter trade is toward quality and a Fed pivot. (OLPX, IAG, KGC, IBM, UWMC, XLI, T)

Video Length: 00:29:08


More By This Author:

What Sector Shall Be Pummeled Next?
Is New Home Sales Miss Bad For Markets?
The 'How Did This Happen' Fed

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.