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Why is chemical sector underperforming?

Discussion in 'Technical Analysis' started by shabbir, Aug 26, 2023.

  1. shabbir

    shabbir Administrator Staff Member

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    shabbir, Aug 26, 2023
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  2. emailsaravanans

    emailsaravanans Active Member

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    You do have a quite a number of chemical stocks. What would be the strategy now if it turns out to be cyclical?
     
    Last edited: Aug 28, 2023
    emailsaravanans, Aug 26, 2023
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  3. shabbir

    shabbir Administrator Staff Member

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    I don't have too many but only 2 in my portfolio and it looks like they have good demand or are trading at great value. I generally do not invest in cyclical.
     
    shabbir, Aug 29, 2023
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  4. emailsaravanans

    emailsaravanans Active Member

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    Thanks, Shabbir...! How to keep away from all such strategies? I do have few stocks only targeting cyclical. I think applying too many strategies in pockets bloated the portfolio. In fact, you are giving a hint that it is now cyclical. People might use that as a strategy to enter.
     
    emailsaravanans, Aug 30, 2023
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  5. shabbir

    shabbir Administrator Staff Member

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    Everyone bloats the portfolio and I also think the same. I am reducing the number of stock in my portfolio as well. For you 30 stocks in the portfolio are too many and for me 15 because I see Vijay Kedia Sir and he has around 5. I want to go to 10 as of now but it is difficult for me because I see each one that I have in my portfolio can perform at the 25% CAGR level. Soon some won't and that will be the reason to exit
     
    shabbir, Aug 31, 2023
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