Stages in Market Cycles
1. Market contracting - buy high-quality Bond.
2. Reduction of interest rates - buy Gold and Silver
3. Hit bottom - buy Financial
4. Growing (Increase in GDP) - buy Technology, Property.
5. Late Stage (Reduction in GDP) - buy Commodity
6. Recession (Sell-off) - Sell as All Assets decline, buy Defensive such as Pharmaceuticals & Utilities.
Moral of the Story: Don't fight against the trend as the trend is our friend.
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