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More Stocks- Industrial theme 240625

As we come to the closing week of the 2nd Quarter and 1st Half, institutional investors are rebalancing their portfolios.  The enormous runup in a handful of AI stocks is generating more rotation than normal.  Expect Friday’s volume to be huge.

Today I added more positions, mostly in the Industrial sector.  Stocks purchased today include:  BUD, CSX, EMN, LECO, NDSN, NSC, OLN, PPG, TOL, & UNP.

I’ll be discussing my rationale for focusing on Industrials during an upcoming episode of the Wealthsteading Podcast.

BTW- this afternoon FEDEX announced that they “beat expectations.”  No surprise that after hours the stock was up 14%.  We’re in an extremely hypersensitive market.  Any bit of “news” causes an excessive response.