WSJ warns on energy, materials stocks
WSJ says “Energy, Materials Shares May Fall--Energy and materials stocks, the last remaining stars, are at risk of following other sectors lower.”
And why so sure we're in a bear market? The headline was just posted. This is probably some kind of low.
Of course they are at risk. All stocks may fall in a bear market. And energy and material stocks have had big runs. But even after correcting, many of the energy sector stocks are at 200-day moving averages.
The long-term positive trend appears to be in place. Meanwhile, GSG (oil) and TIP (Treasury inflation-protected bonds are holding high.)
And why so sure we're in a bear market? The headline was just posted. This is probably some kind of low.
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