During Tuesday's Mad Money program, Jim Cramer told viewers that during most economic downturns discretionary spending plunges. That's why it was shocking to see the numbers from names like Polaris Industries (PII) which makes ATVs and snowmobiles, Thor Industries (THO) , the RV maker, and Brunswick Corp. (BC) , a leading boat and camping equipment maker. The outdoors bull market was also alive and well with Camping World Holdings (CWH) , as people choose the ultimate social distancing vacations
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Here's what I found most positive about the market as the week closed out.
I like to identify a chart or two with a nice setup into the next week, and OB falls into that category.
AdvisorShares Psychedelics ETF, which is adding Mindset Pharma and lists Cybin as a top holding, looks like a good trip.