Thursday, November 12, 2020

Will This Beaten Down Sector Break Out?

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Dear Edward Lance lorilla,

Right now, there's been sector rotation and my data analysis techniques helped me uncover some key areas to focus on.

Can you guess what it is?

If you said the beaten-up travel and entertainment industries… then you're correct.

This area popped a few champagne bottles when a major catalyst hit the table…

Below you can see the Dow Jones Travel & Leisure Index overlaid with PEJ - Leisure and Entertainment ETF.

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Both had sharp turnarounds and by the looks of it, this once out-of-favor sector might run higher

That said, let me show you what ideas I've come up with and where I'm seeing opportunities.

Click here to continue reading...

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JC Parets

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