What to Trade as Economy Reverts Back to Normal

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Midas Letter

The Digital Businesss Channel for Cannabis, Crypto and Technology Stocks.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.

The stock market has been suffering heavy losses recently. What is concerning is the 10-year interest rate pushing ever higher. Although Fed chief Jerome Powell didn’t seem overly concerned and gave no indication about policy changes to supplement the rise.

The S&P 500, Dow Jones, and Nasdaq all finished below previous lows as hedge funds are repositioning their portfolios and markets are trading out of “stay-at-home” stocks in favor of “going-out” stocks.

There are a few safe havens currently: mining and even travel stocks.

With sentiment in markets looking the most fearful in recent times, investors should be acting cautiously. Now is not the time for growth stocks or to be a hero. ETFs and cash are the best routes of action.

The market needs to reestablish a clear uptrend before the trouble is over.

Watch the full interview to see what to trade in recent market conditions.

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.