0 sats \ 0 replies \ @nkmg1c_ventures 24 Sep 2023 \ on: Stacker Saloon
Does anyone here do sector rotation strategies for stocks? If so what is your opinion on current phase/transition? Seems to me we're about to move from the "late/moderation" phase and about to go into straight recession.
I am basing this on the fact that index which tracks the proportion of TSX energy stocks above their 200 day average, it's hit a peak in 90%+ range and and looks like it's about to dip. Seems like a good time to grab things in the next phase (utilities, healthcare, consumer staples)?
Thoughts? Too early? Just right?