RE:RE:Lots of red all overJohnwith30years wrote: Defensive stocks in general are down on the expectation of more momentum on tech and financilas as China tensions ease. But AlA will be an exception once earnings come out - also people ar eunsure about the new buy of ALA re their other Propane faciulity which is a great money make rfor them so great in my book that they are buying out their share.
Anywhere the $19:50 mark as I hav eindicated before IMO is a great buy for the intermediate and longer term trader/investor.
nati
Your explanation regarding defensive stocks makes sense, but I'm not sure that the agreement Trump plans to sign with China will give the global economy much of a boost. Therefore, I, for one, will not be jumping into industrial stocks just yet.