Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Thursday, November 17, 2016
I Expect Gold To Go Down Further
I own gold (SPDR Gold Trust ETF (GLD)) but I am not buying gold now as I expect gold to go down for a while. There are better things where we could invest.
Interest Rates Will Be Going Higher
Interest rates will definetely be going higher, there is no question about that. Not just here in the United States but in the rest of the world too.
Investing: Technology Will Keep Changing ((Facebook (FB), Apple (AAPL), Netflix (NFLX), Amazon (AMZN), Twitter (TWTR))
In my books I wrote about how things keep changing and how one must understand that the world is constantly changing. If you pick any year in history and you fast forward 15 years everything has changed.
Every 15 years we have a totally different world. If there is an investing lesson that we can take from history is that the world is always changing. (Facebook (FB), Apple (AAPL), Netflix (NFLX), Amazon (AMZN), Twitter (TWTR), Technology Select Sector SPDR ETF (XLK))
Wednesday, November 16, 2016
Stock Market: What Is Holding Up The Indexes
In the NYSE there are only a few stocks that are holding up the indexes, Dow Jones Industrials Average (DJIA), the S&P 500 Index and the Nasdaq 100 Index. Ten or fifteen big cap tech stocks like Facebook (FB), Amazon (AMZN), Apple (AAPL), Google (GOOG). The assumption is that all of those stocks are going to continue to grow forever, getting bigger and bigger. Maybe some of them will but looking back at history that is rarely the case. Nothing really goes on forever.
Tuesday, November 15, 2016
What To Expect From Trump?
Take Donald Trump at his word. He says he is going to cut taxes which is great for everybody and for the economy, he says he is going to spend a lot of money on infrastructure. I don't know where the money is coming from but that's what he says and that is why people are enthusiastic at the moment. (iShares MSCI Emerging Markets Index ETF (EEM), SPDR Dow Jones Industrial Average ETF (DIA), Energy Select Sector SPDR ETF (XLE))
Monday, November 14, 2016
Markets: I Am Buying More Russia
I am in Russia now and I am actually buying more Russia. Russians like Donald Trump. It is very likely that Russia's relations with the United Staes will improve in the years after Donald Trump takes office. (Market Vector Russia ETF Trust (RSX), iShares MSCI Emerging Markets Index ETF (EEM))
Saturday, November 12, 2016
I Am Not Buying Stocks Anywhere In The World
Right now I am not buying stocks anywhere in the World and that includes China. But I own Chinese stocks, I have not sold them. In the next few years the world is probably going to have serious problems and that will affect Chinese companies too. This means that some Chinese companies will probably go bankrupt but at the same time other parts of the Chinese economy are going to boom no matter what happens to the rest of the world. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY))
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