If you’re short term bullish on the US markets here are areas to watch for a pop
There are a lot of people who are bearish the US markets, which I completely understand. However there are many reasons to also believe that the markets have at least a more upside from here. Allison Ostrander, Director of Risk Tolerance at Simpler Trading shares the sectors she thinks will lead a short term market rally.
Above comments refer to Starbucks stock.
+1 SilverDollar.
I would not be going in heavy to some of those high flying stocks in the general indexes, even if they have a few more percentage points to squeeze out, when there are other niche sectors (like commodities and energy companies) that represent much better value, and have the potential of really rising higher far more on a percentage basis.
The Big Short’s Michael Burry Sees a Bubble in Passive Investing
By Heejin Kim and Myungshin Cho
August 28, 2019
“Michael Burry shot to fame and fortune by betting against mortgage securities before the 2008 crisis, a trade immortalized in “The Big Short.”
“Now, Burry sees another contrarian opportunity emerging from what he calls the “bubble” in passive investment. As money pours into exchange-traded funds and other index-tracking products that skew toward big companies, Burry says smaller value stocks are being unduly neglected around the world.”
Allison is a good listen but I think she’s one of many picking up pennies ahead of a steam roller. Laying a $98.00 bill on the table in hopes that it will magically become a $99 or $100 I would never do. Based on income, that stock is at least $60 more expensive than it should be. Perfect example of the bubble that Wall Street has become. IMO