Riv, I don't think that energy commodity will rise , only the stocks. I think transportation stocks will rise because energy prices will stay low. Energy stocks (some of the winners from any rubble which appears after defaults etc) these to be leaders and as I noted before , a good reason as to why we had the energy decline in part, their exploration , drilling, enhanced technologies giving the Saudis , maybe not so much a run for their money, but yes indeed that is what they are doing. We Americans are in a total sweet spot as I alluded to the other night. Again , stabilization of price right here would do the trick .Goldilocks at work, basically.
I specifically do not want oil, the commodity to rise. Not at all. Keep it low . Good for the market and the consumer . Stabilization here or perhaps lower. Key word :Stabilization. Still egy stocks are due for a rebound , regardless.. I think I said that
Here why I think energy stocks will rebound. It is energy stocks , those companies that are responsible for low oil prices. Oil doesn't have to rise much from here if at all for the producers , thee good companies strengthen.
Small caps underperformed , I think that they well, until they don't but the former is what I am counting. As far as individual stocks, there are plenty, always values as rotation has led to many groups or names to become oversold. Transportation looksmto extend its gains with the help of low oil. Oil stocks themselves stand to rebound, I especially like SLB. Not counting out solar related stocks by any means . These could rebound nicely. Still lovin' oaklx and repurchased hscsx, added to fmihx, you know, those boring investments. Lol
Yep. Well we don't always do what is best for us , we trade, live and learn, yeah you are right people love excitement and it does get boring watching some stock soar while you're in a boring investment. Still. We know it, you've described it well. In the end though having more money left at the end of a year trumps those emotional trades that just didn't add up
Denny .. To a degree you remind me of me in your trading.
How much better I would have been this year to stay the course , buy the dips, stick to good funds and not try to beat the market trading, often relying on over rated T/A
While Obamas moves yesterday are a good thing for Cuba and the US, its standing as a potential investment itself is negligible. While cruises , casinos, (all of which would be domestic US companies) may eventually stand to benefit , the country itself and any commerce or production capabilities are nothing . The opportunities lie in how it will get used by corporations here , not too unlike Vultures.
This is Goldylocks at her best, and while the repuplicans are gladly reaping the benefits they despise obama for being at the helm at this point in time , knowing how good the economy is getting, and it is getting very good! Low oil ! I feel like james Dean on Giant covered from head to toe in oil. We're striking it rich, here in the USA . I do believe that initiatives to further energy independence will continue. Pair that with Cuba and the transparent jealousy of the bitter Republicans especially Rubio and his speech. A traitor to his Cuban brothers and sisters, he is.
Lastly and important . No inflation. I tell ya, the stars are lining up.. Yesterday the market came to the realization that low oil and low interst rates and growth will propel us . Moreover our position now is better than any other country on the planet! .. and they all look to us, even Putin , who doesn't want to!
Mutual funds are diversified market related and as dk poited out have performed quite well . They are diversified if you find one , and there are plenty..Don't invest all of it in one stock, but a balanced fund for seniors seems very reasonable. We do not need higher interest rates, certainly not now but the trump card to enable that is so powerful that it should be reserved when needed. We have no inflation!
Thanks Riv. I just read it and I absolutely agree with it . Oil is great at low prices, except for the oil companies. Like all things and that ole pendulum it just went to far, the market that is, and perhaps oil, and I refer to too far to the downside.. So we had a beautiful rally. The rotation I think comes and unto where, yes the opportunistic areas, where the buzzards are feeding on carnage, but the rally was broad today. So I have no idea, I still see no need for higher rates , and that trump card, the ability to use it, to raise at any time is so valuable and the thing is, right now, with the strong dollar and low oil, they would be foolish to even consider using it.