Here are my current holdings:
Try to catch them on an oversold dip. Don’t chase them. Don’t but in when they are overbought. Average in slowly if you don’t know what you’re doing. Good luck!
This portfolio was very carefully constructed with market uncertainty in mind. We are currently expecting long term stagflation, with the possibility of a recession/depression macro environment during the 4th quarter of 2020. It’s a combination of contrarian plays (XLE), defensive plays (GLD, GBTC, TLT, TIP, SHY, IVOL), Bullish plays (CHIQ, KBA), special situations (REMX, LSF) and an oversold commodity play (JO).
Enjoy! – Alex
As of this morning, we are switching our stock market outlook to NEGATIVE for the 4th quarter of 2020. We forecast depression/deep recession scenario. The only good investments for the time being are CASH and treasuries.
Happy New Year! We might get a few months of sideways consolidation then sell in May and go away, but we feel it’s time to take our chips and cash them in. Good luck!