January 4, 2022, 12:02 pm EST
New Highs and breakout on Energy, Financial, and industrial
New highs are for the new year come from three core sectors: energy, financial and industrial as sown on the Dow Jones index. Please check out the following ETFs and stocks with their charts
- Energy (XLE): OXY, HAL
- Financial (XLF): BAC, WFC
- Industrial (XLI): F, GM
Nasdaq becomes a laggard among major indexes that shows the rotation of money flow. Therefore, it should be easy to know what we should do for the new year, at least for January.
We will have stock picks on these areas in the following days. Moreover, we will adjust our portfolio composition accordingly.