Title. It's close to the end of the year, which means it's time for some stonk/sector picks for the upcoming year. My picks are metals/mining and healthcare.
Metals/mining because I think we'll see a slowish decline in the dollar and purchasing power over the long haul, especially if we really do cut rates and keep them low again. I'm speculating here, but I think the Fed is pivoting dovish because there may be signs of us entering a bit of a deflationary spiral (but not that dramatic). I think owning precious metals, especially copper, steel, and things of that nature that have real industrial use, can be a hedge against that.
Healthcare because I like the valuations and think healthcare spending will only increase as the population continues to age. This is probably one of the worst performing industries this year, so I feel like there'll be some rotation, especially if there's a pullback since this will be seen as defensive.
Massively out of the money SPXU calls 🤙
Wayyy ahead of you.
my views = long 20 year via TLT for the remaining 150bps of cuts to kick into pricing
also think we will see a spike in Disney as subscriber biz becomes EPS accretive and they turn a cycle on content (less trash, Deadpool 3 marks the turning point) and hedgies/ RM in Mag7 diversify out as they dig into the risk/reward of the SOTP.
also have some smaller names I think will go including CommScope and Elf Cosmetics.
Don’t catch falling knives?
Soluta aliquam quia eum. Autem commodi deserunt eaque est. Quas reprehenderit omnis tempora tenetur. Fugiat dolorum ut dolore odio dignissimos. Esse commodi fugit voluptate error qui incidunt.
Distinctio ea reiciendis similique. Veritatis at omnis est. Quas ea eveniet natus suscipit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...