Hot areas that are trending, seeming to defy a down market:
Defense : Raytheon (RTX)
some Gold , possible etf's to watch: GLD, GLDM
Oil and Nat gas: Devon (DVN)
See past posts if you dare.
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post.
Stay tuned for more opining on the market and stocks to watch.
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