I do but also I keep hearing everyone talking about all the money on the sidelines and all the big money managers who have missed the rally and are chomping at the bit to get in on pullbacks before the end of the year to show some performance.
Is it just me or does it seem like all stocks were in the red today?
It seems to me we are having another bearish trend going into winter.... which means buy buy buy during winter, hold long and sell during summer again.
I think FNM and FRE will be cheap, LVS is another play I might make again this winter, anyone else have any sure bets?
LLBO, GOVX, HEB, MSBT
I do but also I keep hearing everyone talking about all the money on the sidelines and all the big money managers who have missed the rally and are chomping at the bit to get in on pullbacks before the end of the year to show some performance.
I don't know if I would call them sure bets but I've started to lean more towards energy commodities, specifically oil and nat. gas. The last couple of days or so commods. have been down due to the resurgence in the strength of the dollar, but this is a fluke IMO. The dollar can't continue to rise when we are printing it as fast as possible and the fed. refuses to raise their rates, not making attractive investment for foreign interests.
If we have a cold winter as I think, nat. gas and heating oil will be in higher demand (as it is the way the majority of the US heats its homes) and I also believe oil (ahhhh. . . sweet light crude) is again going higher, and most people (especially OPEC) know how American's love their oil. Oil has been rising since this time last year and I don't see it stopping anytime soon.
My thoughts on "safe" plays for the near to mid term, for what their worth.
"The only thing that interferes with my learning is my education." - Albert Einstein
DogDay how are you playing nat gas. I was in the UNG ETF but got out because it was at a premium to nat gas and because it always seemed to underperform nat gas on up days. With my account I can't buy the futures direcly. Do you know of a good company that would benefit from higher nat gas prices? I wonder if the USO oil ETF has the same problems as the UNG.