whoops! sorry wrong link, this is the correct join link to the new discord chat server: https://discord.gg/R5V8ec7FhT
Nice bump for the railroad CSX last week Utilities stalled at recent recovery highs Bonds actually bouncing
Solar went ballistic last week. Enphase is the best performer in my portfolio Even First Solar recovered
Consumer Staples stalled last week But my grocery store beat earnings and sits testing ATH Healthcare sitting at half back But Cigna testing ATH
Shipping not reflecting the momentum of the indexes. UPS looks better than FDX Ocean shipping pretty flat as well
Airlines pulled back sharply Friday American airlines Delta South America didnt do any better Airline infrastructure plays in Mexico held up better than the airlines
Commodities stalled at half back then rolled over again Long Rates climbed throughout all of August. Hard to blame the market weakness on just rates.
Haven't looked at tech since rates started to climb, Still looking kind of weak. Apple is 7% of the S&P and just started a small bounce. Micrsoft number 2 at 5.7% Amazon at 3.3%. 3 stocks are 15% of the S&P 500
Hotels and leisure held up pretty well last week. Hilton and Marriot finally cracked on Friday While Gaming and Leisure Properties reversed up friday
Retail really getting trashed Amazon almost at lows Walmart couldn't fill the gap Target back to lows Dollar general looks to be the best of the bunch
Hotels were rallying Friday before the market sank Groceries got a boost Thurday with the Albertsons merger On Semi actually has been holding up well all year (SMH down 43%)
Financials spiking with rate increases Goldman done reporting BoA doesn't look that great either Regional banks not so much
Costco had a good week, up 6% despite Amazons crash, stalled at 200 day MA Enphase popped 23% on earnings, almost at ATH Could Intel break the downtrend? Big volume spike Friday Huge run on Big Macs, up 19% in October to ATH
*************************************************************************** Watching to buy (long. Jerash Holdings. JRSH. SEVERELY undervalued. $4.05/share right now. https://www.barchart.com/stocks/quotes/JRSH/analyst-ratings https://www.stockrover.com/research/insight/analysts/quotes/JRSH https://simplywall.st/stocks/us/consumer-durables/nasdaq-jrsh/jerash-holdings-us https://www.morningstar.com/stocks/xnas/jrsh/quote https://www.stocktitan.net/news/JRSH/ https://www.barrons.com/market-data/stocks/jrsh/research-ratings?mod=quotes#subnav
Watchlist: ABB. CAE. FNLC. ACGL. TGH. JRSH. https://www.investopedia.com/simulator/research/more-info/?symbol=CAE https://www.investopedia.com/simulator/research/more-info/?symbol=ABB https://www.investopedia.com/simulator/research/more-info/?symbol=FNLC https://www.investopedia.com/simulator/research/more-info/?symbol=ACGL https://www.investopedia.com/simulator/research/more-info/?symbol=TGH https://www.investopedia.com/simulator/research/more-info/?symbol=JRSH ALREADY OWN: BHB NHYDY. PSTL. ET There was talk of a Russian aluminum ban. I've seen no decision made anywhere about it. NHYDY has soared on the prospect. Too bad it's my smallest holding.