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RE: TIB: Today I Bought (and Sold) - An Investors Journal #257 - US Technology, US Pharma, Gold Miners, US Packaged Goods, US Financials, Interest Rates
Informative as always! Interesting to see you buy financials and selling tech, but makes sense. Tech looks overvalued, financials fairly values (after taking a hit). Last time tech was hit hard was the dotcom bubble, I think tech is definitely going to be hit hard when a bull market comes around but tech can surge for a bit longer I think. Hard to know when to pull out
The VMWare sale was deal specific.
I remain exposed in a modest way via the Technology Select Sector ETF (XLK) and a few semiconductor stocks and China Tech. The trade war risk is bothering more than the economy risk. Tech, especially for semiconductors, has become deeply intertwined across economies.