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| Basic Materials Looks Strong to Start June, and 1 Stock Tops My Watchlist | |
Hey there Friend , As mentioned on my Telegram channel Friday, money is flowing to start the month of June… And it's flowing into some of May's dog sectors. While it's still early in the new month, this movement implies the trend will continue, which tells me the market value (price) will continue to rise. One strong performer last week was the Basic Materials sector, tracked by the ETF Materials Select Sector SPDR Fund (NYSEArca: XLB). Taking a closer look under the hood of XLB reveals Linde PLC (FRA: LIN) — an industrial gas and engineering company from the UK that has some fundamentally impressive stats. | |
I like it — it's on my watchlist! Next, I want to see strength at the 50-day moving average.
Think and win!
Celeste Lindman Celeste Lindman Trading If you haven't already, join my Telegram channel here for frequent trading insights and market musings! *This is for informational and educational purposes only. There is an inherent risk in trading, so trade at your own risk.
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| Recession 2023? See My Game Plan LIVE at 1pm ET TODAY | |
Just a reminder that I'm going live at 1 p.m. ET TODAY, June 5, to reveal my 2023 Recession Game Plan… Whether we end up in a recession or not. In fact, my game plan should work even better if we DO see a recession — but I'm getting ahead of myself. Save your seat and I'll see you at 1 o'clock sharp to discuss!
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