"The sectors that have been beaten down the most over the last two months are energy and metals.
Since May the worst have been
Manufactured housing -33%
Long distance carriers -29.82%
building materials wholesale -26.78%
oil and gas -25%
aluminum -21.5%
semi-conductors -21.32%"
Im staying away from housing, I will put those with the airline stocks.
Long distance carriers I tend to stay away from. We are moving into a new world where voice over ip might take over the telephone system. The cable companies are offering phone service....
Oil and gas I will stay away from until oil gets down a little further.
Semis are my favorite. Yes, there is overcapacity right now or a "glut", but we all know that that situation will not last for long.
Since May the worst have been
Manufactured housing -33%
Long distance carriers -29.82%
building materials wholesale -26.78%
oil and gas -25%
aluminum -21.5%
semi-conductors -21.32%"
Im staying away from housing, I will put those with the airline stocks.
Long distance carriers I tend to stay away from. We are moving into a new world where voice over ip might take over the telephone system. The cable companies are offering phone service....
Oil and gas I will stay away from until oil gets down a little further.
Semis are my favorite. Yes, there is overcapacity right now or a "glut", but we all know that that situation will not last for long.