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Chris Watling 5.0 1 idea

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1 XLY Consumer Discretionary Selec LONG MED $119.36 Consumer Investors should remain overweight equities and adopt a barbell strategy. The market struc… Apr 22 YOUTUBE
Positions
TickerDirEntryP&LDate
XLY LONG $119.36 Apr 22
Barbell tech and cyclicals in equities.
Investors should remain overweight equities and adopt a barbell strategy. The market structure has changed due to algorithmic trading and retail participation, making deep 'retests' after selloffs less likely. The optimal approach is to hold both technology stocks for growth and cyclical stocks to capture the broadening global recovery.
XLY HIGH Bloomberg Markets Apr 22, 14:29
Chopping Block co-host
Chris Watling | 1 trade ideas tracked | XLY | YouTube | Buzzberg