No Magic Here2Good morning.  “Daddy doesn’t know any magic tricks.”
“Daddy knows accounting tricks.”  We’re at an interesting juncture where investors are moving away from the trades that have been working well since the March lows and gravitating to more undervalued parts of the market.
One area that has underperformed is financials.  Banks and other financial companies have seen significant buying activity this week and is an indication of rotation to less loved companies as the economy is reopening.

Now here’s the rest of the news:

crew of NASA astronauts will soon be launched into space!#1.  At 4:33 p.m. yesterday, a crew of NASA astronauts would-have-been launched into space.  According to one insider, this event points to an even bigger story…  Starting today, one that will unlock several trillion-dollar opportunities.
Most individual investors aren’t paying attention to this trend, despite the fact that there are already over 150 space-related stocks you can invest in today.
See, the average investor wrongly assumes that making money in space takes decades.  But  one space stock already nearly tripled investor’s money — in just 2 months.
But this is only the beginning!!!

#2.  “Which way is the stock market headed next?”  — Of course, there is no way of knowing the answer to that question.  [I’m not here to speculate!]

#3.  “If I could only buy one mutual fund right now, which one would it be?”  — People need jobs, and the federal budget cannot afford any more handouts without getting something back in return.  If I’m right about that, then the simplest way to profit is buying shares of the SPDR S&P Global Infra-structure ETF (GII).  This fund is comprised of utilities (46%), industries (36%), and energy companies (18%).

May 28, 2019

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