Time for a value play
I keep reading news that this stock market is over extended and we’re due for a major correction as if we didn’t have one just 12 months ago. It’s really hard to escape this trap, especially for a retail investor. People always find something why this market has to go everywhere but up, and if you present them some positive arguments, such as improving breadth worldwide, sentiment, not to mention record stock outflows among many others, they just disregard them.
In the previous post, Continuation of strength, I was focusing on the outperforming regions and sectors, those that continue to be in an up trend. Some are real beasts, such as health sector or $XLV ETF. In this one I’d like to present two value ideas that could start catching a bid after years of under-performance.
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