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Resources on the downside for the year

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Occasional Contributor

Resources on the downside for the year

I think this will be a difficult year for resources since they have broken a long channel and might be heading down again

 

 

2 REPLIES
Regular Contributor

Re: Resources on the downside for the year

yip a bad year , hopefully it will recover as the year move along

 

Occasional Contributor

Re: Resources on the downside for the year

 

Depends on your view on the $. Strong $ will depress commodity prices. Fed can't be accomodative forever, and higher interest rates $ supportive.