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Krovikan · 08-28-2020, 11:47 AM

Why is he only talking about Energy and Tech, when the chart includes Financials and Healthcare? Also what is the rational of Health + Tech and Energy + Financials? Also why one only using RHS and the other isn't?

This seems like someone looking for a chart that correlates based on past data. Maybe their is some causation here, but I'm not sure looking at energy is the best opportunity.

Are Finicials down? yes
Is Energy down? depends on the sector, biofuels seem like a buying opportunity
Is Tech up? Yes, but outside of outliers, I'm not sure we will see a massive pullback on a vaccine. I have liked tech ETFs for a couple of years now due to the gains.
Is Healthcare up? Yes, and we will probably see a huge pullback once someone finds a vaccine. Though governments will look to improve their emergency stockpiles, and maintain them, so we will probably still see some prepandemic growth after all is said and done.

Right now I see long-term opportunities in Financials, Airlines and REITs. I did have some O&G back in March, but I have since sold those positions off. I have a some short-term positions in biofuel, but that is more due to oversold status and any huge market gainst I expect to see.

08-28-2020, 11:47 AM	#1107
Krovikan Powerplay Quarterback Join Date: Feb 2010 Exp:	Why is he only talking about Energy and Tech, when the chart includes Financials and Healthcare? Also what is the rational of Health + Tech and Energy + Financials? Also why one only using RHS and the other isn't? This seems like someone looking for a chart that correlates based on past data. Maybe their is some causation here, but I'm not sure looking at energy is the best opportunity. Are Finicials down? yes Is Energy down? depends on the sector, biofuels seem like a buying opportunity Is Tech up? Yes, but outside of outliers, I'm not sure we will see a massive pullback on a vaccine. I have liked tech ETFs for a couple of years now due to the gains. Is Healthcare up? Yes, and we will probably see a huge pullback once someone finds a vaccine. Though governments will look to improve their emergency stockpiles, and maintain them, so we will probably still see some prepandemic growth after all is said and done. Right now I see long-term opportunities in Financials, Airlines and REITs. I did have some O&G back in March, but I have since sold those positions off. I have a some short-term positions in biofuel, but that is more due to oversold status and any huge market gainst I expect to see. Last edited by Krovikan; 08-28-2020 at 11:59 AM.