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Thursday, April 03, 2008

Sector Check: Energy

Sector Check
As of today, there are currently 116 stocks that are in my stock screen machine. If you've looked at my all screens filter recently, you already know there is a very high level of concentration of energy stocks within the SSM. In fact, energy stocks represent 27.6% of the screen machine right now. That's a very high level and representative of the fact that we're expected to see a lot of profits from this sector as earnings season gets underway soon.

Obviously, no one needs to buy and hold 32 energy stocks when just a one or two will do along with some level of exposure through a well-chosen ETF. And, if you're like me, you probably have no desire and/or the time to track and get to know 32 energy stocks. When I see such a large allocation to a sector like this, my first step is to.....[READ]

Posted by Kirk at 5:14 PM in Members Only | Bookmark | Feeds | Link |


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