There is an investing strategy of rotating between sectors. As a sector ascends, you sell it and move the cash to underperforming sectors. Literally selling high and buy low. The challenge is picking the sectors and being right.
Or maybe iEye , and sell it to naval officers and pirates.
If the world is going to achieve these solar and electric car goals the amount of silver and copper needed, among several other metals (rare earths and normal) is going to be insanely past anything we as a society are geared up to produce quickly enough. So, there's probably some merit in that strategy.
www.marketwatch.com
I did this with sector ETFs during the initial COVID recovery. Bought the ones that were the most oversold and rotated. It was fun, made a lot of money, got a bunch of false confidence that I was good at this
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The trick that keeps me sane is to never focus on the min/max, hitting the exact entry and exit points. You will drive yourself nuts thinking about this. "Damn, I should have held it for 3 more percent". Set targets based on the best info you have and go with them. If your target is +20% and you sell it and it rides up another 5%, dont dwell on it. Always focus on what you made on a trade, not what you didn't make on a trade.
People bought/took leases during the covid supply chain fuckery and paid insane prices and are now upside down on that vehicle and rolling the difference into their trade.
Was pay-walled but wanted to read it :https://archive.ph/UAQzU
We are in a weird pattern right now where the low end of the economy is weakening pretty fast. Anecdotal stuff I hear out of contacts at some large low price retailers like TJX and traffic info from outlet centers is that its all down close to double digits from LY. Younger, poorer consumer is clearly hurting now vs a year ago. But everything I hear and see on the full price higher end side is alot stronger still, spending with the affluent crowd remains high.
It really doesn't matter what's actually happening. It matters how the market and the media feel about what's happening. And if the holiday season shows even remotely bad signals, they will hype it up until everything crashes.
