RE:RE:Sub 6My thoughts are that we could see a rise heading into the spring, however think we will first slip lower during the Jan to Mar period. Last year I bought into the sector a bit too early and could have done much better if I had held off until into the new year. I'm going to try avoiding the same mistake and holding on buying into the North American sector until we have a better understanding of what happens when Trump actually takes office.
Moemoney42 wrote: Its been brutal this tax loss selling season for the whole sector.. I feel confident once the last day is behind us the shorts that capitalize on this event will go long in the new year..? If so we could see a snap back in early 2025..?? The fundamentals seem intact for the turn IMO..
Once Trump has the reins in the US, I'm thinking his attack on Iran's oil sales will be a certainty and a quick decision on his part..?