‘Sell U.S. Rips, Buy Non-U.S. Dips’: Analyzing World Markets
Schwab Network · Schwab Network
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Show Notes
“It’s accepted wisdom” that the Fed will cut in September, says Jay Pelosky, and the market is focusing on other things – namely earnings and the technical picture. He thinks we are “relatively early in a global bull market.” His current strategy is to “sell U.S. rips and buy non-U.S. dips.” Jay is trimming tech positions but buying into energy. He also discusses international markets, noting that he is overweight in China using the KWEB ETF.
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