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Stock Trading Insight

So far today in the morning trading hours, the markets are on a tear. The DOW has been up big since it opened and if things continue in this manner, we will have a great day and the DOW should close above 9000 today.
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Talks of the stimulus plan has caused some positive trading throughout this morning’s trading.
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With the moves that have happened this past week in the markets, many think about moving their capital out of the equities out of some of the less favorable sectors and look for the tried-and-true sectors during a recession period.
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We heard last week that we are officially in a recession, but the real question hasn’t been answered. That question is “how long have we been in a recession?”
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With that in mind, you have to take into consideration that the smart money have been positioning themselves in those sectors for sometime to protect their assets.
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An article that I found today talks about the fact that the time to get into some defensive plays, like consumer staples has past and you may want to do something else.

The article is from CNN Money.com, I hope you you find it interesting.

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2 Responses to “Stock Trading Insight”

  1. Michelle says:

    Hindsight is always 20/20, but buying into the stock market when the Dow was below 9000 should’ve made for some healthy profits.

    I hope your trades worked out well for you!

  2. Ridolfi says:

    So glad I found this great information, thanks

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