Q3 will fly, Q2 will be mild, page-41

Hey Wine, I agree that the markets are in an irrational state as the global economies are in fear, but when markets are irrational, investors need to keep their cool and stay rational, but human nature and fear causes us to act irrationally as well.
The Energy sector, as with chemicals, commodities etc are all cyclical in nature and even if it is a 5-10 year cycle they will hit their highs and possibly their lows during the cycle. I have invested in these cyclical sectors over the past 30 years and it’s paid off nicely.
My point is investors (not day traders) need to pick a sector that is in a low state of the cycle, pick a stock that has solid fundamentals like SXY (who was beaten down excessively in my opinion due to sector analysts who upgrade and downgrade sectors, not individual stocks) and accumulate on the dips waiting for the sector wave to add momentum and then ride the wave while picking exit points. I also always dollar average in and out of stocks as you can never time the sp.
So for me SXY is extremely well poised and once Trump / Xi and OPEC reach some point of harmony / agreement, the energy sector will bounce and SXY’s infrastructure will be well in place delivering significant gas to meet both local and the international growth demands.
Day traders will continue to try and manipulate the markets with fear and greed, but those who invest like I do will reap rewards.
Just my two cents and my investing strategy. Cheers.