🚨 ALERT: BIG 💰 MONEY is being invested in these 📊 Sectors
🎩 On today's show we discuss the different sectors of the market to determine where the 💰 big money is flowing. What we find:
🔸 $SPY made a move just under 5% in the last month so we compared all sectors to it.
🔸 $XLB (Materials) very strong sector, big buying taking place.
🔸 $XLC (Communications) significant buying taking place but some obstacles to remove before being high odds longer gold.
🔸 $XLE (Energy) very promising for longer term buy and hold.
🔸 $XLF (Financial) very strong, serious buying taking place from the big players.
🔸 $XLI (Industrial) very good for longer term hold and big money buying up this sector.
🔸 $XLK (Technology) strong sector, no slowing it down. Big money buying it up.
🔸 $XLP (Consumer Staples) not ready to move higher, major selling has been taking place.
🔸 $XLU (Utilities) recent mover but we are coming in previous area of selling. Not a good buy now.
🔸 $XLV (Healthcare) buying taking place but price not making new highs just yet.
🔸 $XLY (Consumer Discretionary) not a time to be buying as selling has been the main focus.
🎩 Thanks for watching our daily morning shows, Mon-Fri, 8am EST. See you next time.
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