This is the no. 1 S&P 500 sector to avoid here, market bull Jeff Saut says (via TradingNation)
Stocks are within a whisker of all-time highs, but top market bull Jeffrey Saut isn't trusting one outperforming sector that carried the index to these heights.Trading Nation Stocks are within a whisker of all-time highs. The S&P 500 ended Friday just 0.2% from records after bouncing more than 1% for the week. But, top market bull Jeffrey Saut isn't trusting one outperforming sector that carried the index to these heights. "I'm not a big fan of utilities here," Saut, chief investment strategist at Capital Wealth Planning, said on CNBC's " " on Friday. "I've been in this business for forty-nine years. I've been looking at markets for fifty-six years… and utilities are as richly valued as I've ever seen them." The XLU utilities ETF , which tracks the S&P 500 sector, trades at 21 times forward earnings -- it hit its highest valuation ever earlier this month. The sector is the second-best performer on the S&P 500 this year. "I have no interest in utilities. I think there is a much better valuation metric in the midstream master limited partnerships where you can get … 80% tax differed yields then you get in utilities," said Saut. Midstream oil companies focus on the transportation and storage of crude. Example ETF include the Read more: CNBC
TradingNation Santa Saut! cc: KeithMcCullough TradingNation Jeff doesn’t know that utilities have too much money on hand at this is why the stocks are going up. I didn’t even research I just used common sense TradingNation Dude has no idea what he is talking about utilities are one of the best sectors 🤔oh he’s worked all these years in a fake rigged market now it makes sense 💡 PSA for all you “pros” out there fake market principles don’t apply to real market principles and vice versa just FYI
4-Time NASCAR Champion Jeff Gordon On This Weekend’s Daytona 500 And 2020 SeasonDaytona is the birthplace of NASCAR, and the high banks of the track are the sport’s equivalent of The Green Monster at Fenway. This Sunday will be the 62nd running of the race. 4-time NASCAR champion Jeff Gordon takes about the 2020 season. 🏁🏁🏁🏁🏁 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Start your Monday smart: What's happening this weekPresidents Day, Robert Durst, Roger Stone, Nevada caucuses, Daytona 500. Here's what the next six days will bring. And why do we have to know this CNN fake news.
Not one S&P 500 CEO is donating to Bernie Sanders or Elizabeth WarrenWhile the moderate 2020 Democrats finished behind Bernie Sanders in New Hampshire, presidential hopefuls Amy Klobuchar, Pete Buttigieg and Joe Biden are... Jack Dorsey to Tulsi Gabbard is worrying on a whole range of different levels. Democrats2020 😂😂😂😂😂😂 We know
These five S&P 500 stocks have the highest number of buy ratings on the StreetAmazon, Alphabet, Facebook, Salesforce and PayPal are Wall Street's most loved stocks, but only one looks especially attractive at its elevated levels, traders say. TradingNation Me think with the current container export numbers out of China and not enough port workers to unload incoming ships, it may be a great time to short your list. Cheers TradingNation Thanks TradingNation $PYPL looks well positioned in the payments processing business, this is the stock I'm paying close attention to. I like it's growth prospects. $CRM is another quality name outside the FAANG and MAGA stocks.
Under China’s lockdown, millions have nowhere to go.Here's how the coronavirus has hit one of the most-populated regions on the planet - affecting around 500 million people in China via ReutersGrahics Entonces? Missing a lot of locations that are locked down, (at least partially) not sure where you getting your info World lookner check this out by Reuters
WUHAN CORONAVIRUS: US health policy risk versus East Asian countries - Business InsiderPOLICY SHORTFALL: US government is less equipped to handle coronavirus and support citizens than the East Asian countries that have already been hit That is an obviously criminal article that encourages civil strife and seeks to fear some hypothetical dirt Report Its the godamn mass of demonstrators that wants medicine, prohibation and survailance, not the authorities Report