The Stock market is bottoming ...Commodities and oil are topping

Question

I want to be clear here the stock market is bottoming now the rally should last for 3 months or so. The high profile past winners like oil and the commodity stock and techs like AAPL are breaking down now. It is a transition market with cross currents. The idea here is to buy stocks that benefit from lower commodity prices and sell stocks that don&#x27;t. At the end of a decline they alway hit the most visible stocks AAPL is one of those stocks. What fhas worked for the first 6 months will not work now. The economic news will continue to be bad but the market will work its way higher. Stocks like MRK NYSE 31.51 will bottom soon. The drug stocks will be a winner in this rally Hope this helps

mikey22222 · Answer

I want to be clear here the stock market is bottoming now the rally should last for 3 months or so. The high profile past winners like oil and the commodity stock and techs like AAPL are breaking down now. It is a transition market with cross currents. The idea here is to buy stocks that benefit from lower commodity prices and sell stocks that don&#x27;t. At the end of a decline they alway hit the most visible stocks AAPL is one of those stocks. What fhas worked for the first 6 months will not work now. The economic news will continue to be bad but the market will work its way higher. Stocks like MRK NYSE 31.51 will bottom soon. The drug stocks will be a winner in this rally Hope this helps

wallstreetcappers · Answer

If you think the market is moving you play the past winners in this case and the losers YTD meaning financials, airlines, shippers.

Not sure the correlation you can make towards the pharmas, they are down for reasons outside the issues you present here. MRK is a mess so is PFE, I would lean towards PFE with the divi even with their pipeline concerns.

I think that next years winners could easily be the pharmas since they have been beat down and if a DEM wins they will be beneficiaries.

mikey22222 · Answer

&#x27;ll give you a correleation ...The airlines were a mess 2 weeks ago

wallstreetcappers · Answer

You are missing my question.Where is the correlation between pharma and oil/commodities?Pharmas has their own issues and have nothing to do with the other sectors you listed.

mikey22222 · Answer

I dont think I will be able to help you if you dont understand

The Stock market is bottoming ...Commodities and oil are topping

Hot Forum Topics