Risk ON stock plays for this week...
Alright, so yes it was quite frightening watching the market plunge down from October to December of 2018. But now that we've had a nice bounce, we find ourselves in the balance again. Here are 2 potential plays for you this week, if you're so inclined.
First, semiconductors. Semi's have taken a beating as the china trade war heats up. With this massive upswing and fighter jet nose dive we might have a nice opportunity on our hands. Computer's don't seem to be going anywhere, and other than google or facebook making their own chips, this ETF should be a nice short term play with long term confidence.
Next up, energy. Oil has also taken a huge beating as the global trade is stressed by tariffs and overall worsening global economics. That being said, I'm pretty sure most the world runs on oil and electric cars are still a bit of a way off. So, God willing, eventually oil is going back up. This ETF could be a nice way to play that bounce.
As always God bless and may the odds be ever in your favor...
Also here's a disclaimer that you need to read:
This stock advice are just my personal opinion. I am not a professional stock picker or analyst. I may make trades on the information provided here and as a result it is possible for me to hold a position in the mentioned stocks.
The information provided here is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
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