Ep 169: Vernon Bice: Old Is New, Sideways Is Up, Hunting Vs. Hiding
Investing With IBD
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How to Fit Commodities Into Your Model
The Russell 3000 is in a downtrend, according to our definitions. Only 9%. I guess how many uptrends are in the energy sector 76%? Yep. It might be that on a relative basis, energy becomes the new high operating and price momentum stocks for a while. The problems in the world makes it, you know, innovation shine. So what if energy transforms itself? What if it becomes the new innovators of the next five years? And so we have to stay open minded to that.
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