Money remains cheap; so one may expect the equity train to wonderland to keep moving along the track, eh.
Is the energy/crude price upward price swing for real? Making with the happy today for energy funds.......
Just wondering if ya had $50k to throw against a sector on Thursday; where might that travel?
Will continue to watch Europe and the Euro for perhaps more money moving there, Japan and China area, too; energy/crude for an attempt at a positive trend and to monitor healthcare for "too hot to handle".
Comments
Tech I don't really care about all that much and I still have concerns that in some cases, countries will lessen or drop use of some US tech company product because of security concerns and you will see more and more use of local tech companies by foreign nations.
Banks will waiver if interest rates are not going higher as quickly as people thought. REITs and Utilities will likely catch a bid again if it is "rates lower for longer." However, I would be very cautious with yield plays as I still see a lot of major REITs that I think are overvalued or at least very richly valued here. Japan has terrible fundamentals unfortunately and massive QE doesn't change the underlying problems.
I still like Asia, I'm unfortunately souring on Latin America. European QE doesn't make me want to run to Europe.
Random bad chart:
Chart of Arcos Dorados (McDonalds Latin America) since IPO:
http://finance.yahoo.com/echarts?s=ARCO+Interactive#{"range":"max","scale":"linear","comparisons":{"^GSPC":{"color":"#cc0000","weight":1}}}
The other chart that I wish I remember where I saw it a couple of days ago was the Brazilian Bovespa in dollar terms, which is down significantly in the last few years. Just horrible.
For me, currently my three overweights, major sectors, within the S&P 500 Index, are Financials, Technology and Healthcare. In addition, I think some of the emerging markets look attractive along with Greater Europe and I am seeing some money move to Japan as well.
Within my own portfolio I strive to carry at least a nine percent weighting in the major sectors and at least a five percent weighting in the minor sectors for all the broad sectors of the S&P 500 Index. I look at emerging markets as a minor sector and I am neutral there at about a five percent weighting. In Greater Europe, I am carrying about a twenty percent weighting.
A "come line" bet for me is in the energy and materials sectors where I have been buying, of late, as I believe they are oversold.
So, I guess ... with this ... Old_Skeet is good to go.
I'm back. WOW!!
Still images and video choices, the cave
A beautiful place, indeed.
So, @Mark ; you know that I must ask why this location.
Likely we all have a special place to visit or a re-do. If I had my time machine in working order, I would re-do Taiwan and Morocco.
Okay, I'll just throw the $50K at a 3x bio etf or something similar. Go for the gold, so to speak, eh?
As for investing, a health/bio ETF would be my choice. I use HQL a CEF.