“The Big 3: TGT, XLU, AAPL”
Bullish on XLU due to expected rotation from tech; targeting 41-45 range via call spread.
Uh but I want to move uh to your next one, Don. You've got the utility sector ETF from State Street here as your second pick. So how are you looking at utilities?
Yeah, this is actually going to be a bullish trade, but it's it's bullish for all the right bearish reasons, if you will. Look, tech starts to sell off at all. And it has had an amazing run.
I believe that we're going to see a rotation back into XLU.