Are investors protecting themselves from an uncertain future that is being unleashed by strange government policy?
Recent areas heating up : Gold, Silver, Uranium and good American energy companies. The following are a few issues that seem to be starting to "pop".
Hot areas that are trending, seeming to defy a down market:
Gold is starting to surge after a period of doing not much. Is $3000 Gold finally starting to happen?
some etf's to watch: GLD, GLDM
Only if the Gold "pop" continues a small "bet" on the gold Pop with an ultra gold etf: UGL
Silver etf : SLV , AGQ is an ultra etf version, a small "pop bet".
Global X Uranium etf: URA
Oil and Nat gas: Devon Energy (DVN) with profitable oil and nat gas resources in America's basins. DVN management seems honest with share buybacks and variable dividend sharing. Oil is pushing over $85 a brl.
Crypto : Bitcoin (BTC) and Ethereum (ETH), kind of volatile going into the bitcoin "halving". But a small some here , some there approach may pay off or be protection against possible devaluation and/ or calamity of world fiat currencies.
Bitcoin Etf's : IBIT , EZBC
Gold miners : Miners like Barrick Gold (GOLD) and Kinross Gold (KGC) could pop with a higher gold.
and Dry Powder: let's also respect God and America, the greatest free country in the world . We always maintain "dry powder", that's some cash in the US dollar, we want to stay strong.
The above are not recommendations because this site does not make buy/ sell recommendations. But, the above are enjoying some positive buy side momentum and yet are sometimes peppered with volatility as well. On the sudden upside - let's call it "momo". Will it last? only the future will say. It makes one wonder if for example Gold and silver are surging is an indicator of some kind of bad "juju" in the future with fiat currency or unforeseen troubling events or just overflowing monetary policy causing high inflation. These are questions with a side note about a canary in a coal mine. In the meantime, if in any of these surging issues - hope the ride stays favorable.
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. With all the above caveats and attempted prognostications, I will close this post.
Stay tuned for more opining on the market and stocks to watch.
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