This is definitely a “hard” trade. Hard because it’s already had a tremendous run this month. Hard because it’s in a name that people often don’t associate with big bull runs, in a sector that definitely isn’t sexy.
And maybe we’re early, positioning just about when it’s about to take a pause or retrace to digest recent gains. Maybe.
The only way to find out is to get involved.
The hard trades pay precisely because they are hard. [Read more…]