Friday, August 23, 2024

Update : Construction Index

 Saturday ... cleaning room day. rest day. reading day ... nap day!! 


Construction Index (click on the chart to enlarge) : I have written about it when it peaked. so, my theory is ... AVOID construction stocks UNLESS they are still uptrend. Even that ...if the sector peaked (leaders : Gamuda, IJM etc) it would be hard of individual stock to move higher ... in theory. 

So, I have to REMIND MYSELF to avoid construction stocks!! Otherwise, I would NOT be a good trader. 

TEH

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At new high : NASDAQ

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