It is now evident that a substantial correction may not occur in the stock market, whether it's run away or not. Clearly the evidence that excess liquidity (Federal Reserve printing money) and 0% interest on the US dollar is contributing to stock rallies is overwhelming.
So buy on dips.
At this point it is still pharmaceuticals, again on the back of two thing's President Obama's health care place (disastrous for the US ecomomy, but good for pharmaceutical stocks) and H1N1 (Swine flu). So far Pharmaceuticals have been a winner for me, buying cheap last year (on the other virus concerns like Bird Flu, SARS,) it is speculative but could gain momentum on the above mentioned reasons.
Gold obviously for an inflation hedge and insurance for any future 'crisis brewing', at this point both gold (physical) and warrants. Silver is cheap, but again a 'crisis' would be the mover of the silver price. Oil, as both stocks and the oil price are trading in nice tight ranges.
The rest is ETF's namely Asia (China/Japan).
*morbius glass doesn't give investment advice, trade at your own risk
No comments:
Post a Comment