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Mordecai Rosenberg has been interested in trading for six years and has been trading for the last five. He trades stocks, futures, bonds, options and currencies. Leaving University with an honours degree in Music, Mordecai decided to turn his creative abilities to investing and trading after... More
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  • Sectors That May See a Pullback 0 comments
    Dec 15, 2010 1:11 PM

    1.  The Retail sector looks cooked at the moment with many stocks reaching 52 week and all time highs.  This one should come off the boil soon.

    2.  The Transportation sector may be next if a consumer slowdown occurs after people max up their cards on Christmas presents.  Less goods being sold in the early part of next year means less goods being moved.

    3.  The price of crude will be putting pressure on badly/under hedged Airliners, They could be a great short if crude gets near $100 a barrel.

    4.  Conversely, if the Oil price does take a breather, the recent run in the Oil and Gas sector will be tested.

    I'm putting together a list of stocks from these areas to short if the market rally stalls, I'll post a little of that here over the coming days/weeks.  Checkout the next weekly tech outlook for the full article.

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