The time to take Stock-not trade
Well unbelievably it is nearly Christmas, Markets get incredibly thin at this time of year and it is not really the time of year to be trading.In the US particularly Tax selling can really shift stocks and the big boys have free rein to swing things whatever way they like.
Personally I use this time of year to take stock of my positions and to try to evaluate the big trends for the coming year.My perspective is that the US dollar will come under more pressure, housing will suffer having an impact on the Market.We will see Oil and Energies start to increase in price again and anything related to Agricultural Commodities will continue to do well.
Some stocks I am looking at are Cresud, Nymex Exchange, and Silver and Gold related like the ETF Silver Trust, Silver Wheaton, Goldcorp.
Have a great Christmas and New Year.
Best Wishes
RT