Flash Alert: New Momentum Portfolio Pick

Money Flows are moving from oil to other sectors.

The markets are moving quickly this morning with two major catalysts affecting money flows.  One is the situation in the Middle East, which continues to develop, but at a seemingly slower pace than in the past few days.  Thus, oil prices are easing some.

On the other hand, oil profits are moving into infrastructure stocks as the situation in Florida (Hurricane Milton) threatens to disrupt the state’s already wobbly infrastructure.  This, of course, is in addition to the unfortunate events in the Carolinas, Georgia, and Tennessee.

As a result, I’m seeing money moving away from oil into infrastructure.

In this midweek edition of the Smart Money Momentum Portfolio, I am adding a new infrastructure related stock which is gathering upside momentum and looks to be setting up for a breakout.

Thanks to everyone for your ongoing support.  I really appreciate it.

Thanks also to all the current Buy Me a Coffee members and supporters.  Special shout out to new members who now have access to the Sector Selector ETF Service, which is included, at no extra charge with your Buy Me a Coffee membership.

For active trading, short term trading strategies, check out the Smart Money Passport Momentum Portfolio.

I also appreciate single coffees, which you can buy me here.

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