Quote: (12-06-2013 05:08 PM)Days of Broken Arrows Wrote:
I wanted to revive this thread to ask if anyone had any ideas what sectors should be good buys in early 2014.
Back in 2012, I did well in REITs and energy. But I stumbled onto these stocks.
I'm now having a hard time navigating the massive amount of info on The Street, Seeking Alpha, WSJ, so if anyone wants to recommend a good source, feel free to do that, too. Often, I'll come across info that contradicts other info so I wind up buying nothing.
I'm in the same position as you. I've been listening to Jim Rogers youtube clips and reading ZeroHedge.
ZeroHedge is more about the global macro perspective. They're big on trading currency pairs. ZeroHedge and Rogers are both bears and insistent that now that QE is tapering the stock market is going to collapse. They make a good case that the market as-is is quite over-valued and with all the artificial liquidity that's currently boosting it up, once that liquidity disappears the market is going to have a large correction.
When that happens, gold & precious metals will rise as a store of wealth, despite gold having been on a year long downward trend.
That being said they are bullish on the dollar compared to the CAN, Yen, and Euro due to our economy recovering faster than Japan and Euro which are a mess. There are ETFs to bet on currencies like this. Additionally, with a QE tapering, the dollar should theoretically appreciate due to less supply of dollars on the market.
That's my takeaway from this from getting into it for only about a week or so.
I do like the bearish sentiment but am not entirely sure where to put the money
I agree that following the street you have all this conflicting info, and downright TOO MUCH info, so the global macro perspective kind of makes more sense to me in order to make order out of the chaos of the markets. I think it's a really good idea to follow ZeroHedge to get that birdseye view of the markets and then to pinpoint trades based on that intelligence.