Surprising Upturn for the Energy Sector [View article]
A month ago I surmised that we would start to see positive movement in equiities in the following sequence: 1. Financials - I purchased and the results so far have been great. They are going up. 2. Resources - The logic is that as recovery takes place more resources will be required. This includes energy. 3. Industrials - I expect these to take a lot longer because of all of the economic damage.
Well financials are rocket-shipping, and they have a ways to go. With all of the worldwide reaction to the monetary crisis, carefully chosen financials are a great investment.
Resources have just started to move. Volatility will be here for a while, and then chosen commodities will rocket-ship.
We are witnessing natural reactions to the economic cycle, and it is a great time to be an investor.
Surprising Upturn for the Energy Sector [View article]
1. Financials - I purchased and the results so far have been great. They are going up.
2. Resources - The logic is that as recovery takes place more resources will be required. This includes energy.
3. Industrials - I expect these to take a lot longer because of all of the economic damage.
Well financials are rocket-shipping, and they have a ways to go. With all of the worldwide reaction to the monetary crisis, carefully chosen financials are a great investment.
Resources have just started to move. Volatility will be here for a while, and then chosen commodities will rocket-ship.
We are witnessing natural reactions to the economic cycle, and it is a great time to be an investor.