1/5/2025
My suggestion of Utilities did not work out. Seeing the markets up at my daily SBUX meeting, I expected the Utilities to be up but no, apparently they were dumped to buy more DOW stocks.
The hourly chart rebounded from a one dollar sell o ff. The hourly chart suggest more rally. Long ago I learned the hard way never take a new position on Friday. I still hold UPW and look to exit on a rally.
Everything else rallied today. Chevron and Goldman Sachs accounted for much of the DOW rally today.
More tomorrow.
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