Water Stocks Gushing
Last Thursday the water stocks had a HUGE move and everything in the sector went up. I’m seeing breakouts on some of these as well as extensions on others.
Here is my list of water stocks:
BWTR – Remember I was in this one and didn’t hang on, ala my DECK, CROX, EXM, UA, et al. Its still going.
SJW – San Jose Water
VE – Veolia Environment
SWWC – Southwest Water
CWT – California Water Service
AWR – America States Water Company
SBS – I’ve owned this one as well, but never hung on. I can’t find my post on it either. Might be too old or I forgot to post about it. This is a Brazilian water company. Good fundamentals on this one still. I owned in the 20s. Thats a double.
WTR – Aqua America
CWCO – Consolidated Water Company
PHO – Water ETF
Usually when the sector starts rocking it means something is up. However, since the market looks like its about to dump any week now, this sector swap makes alot of sense and probably means that some money is “flowing” to these stocks right now. They might run if we get the selloff I expect.
