According to the SPX sector rotation model it is now time to get...

  1. zee
    34 Posts.
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    21/07/02
    23:50
    Post #: 39439
    According to the SPX sector rotation model it is now time to get into TECHS.

    When looking at the model you will see 1/ financials falling and 2/ techs bottoming with the general market.

    The model can be gleaned here:

    http://stockcharts.com/charts/performance/SPSectors.html

    The model points out a very important fact, that capital markets lead the economy in their respective cycles by an average of 6 months. There are some issues with some techs such as the valuations of chip makers, but I think cheap software, media, networking and hardware stocks are worth a look. I will be buying ORCL and CSCO call options very soon.



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    lightbulb Created with Sketch.  Great analysis
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