Week 1 (Jan 2 – 5):
The conservative strategy is to not chase stocks when they are up, but buy on the dips instead. Maybe wait for a 1% – 2% pull back in the market or a given stock or fund. For growth, take a look at OLLI, MULE, EDIT, GBT, HUN, AME, NUAN, PTI, HMLSF (Horizons Marijuana Life Sciences Index ETG), TPL, NUAN, AMG, MAS, and IBKR. For dividends consider GSBD and BREUF. Pull backs require you keeep cash on hand. For a major stock correction that will be sudden and relatively short-lived you need cash which you can then use to buy TZA or TVIX at the beginning of the correction to off-set your losses and give you even more cash to buy with. To make sure you have cash you can slowly sell some stocks and funds into any rally. Regardless of the circumstances, don’t panic. Simply holding good stocks is a workable strategy because the bull market appears far from finished.
Week 2 (January 8 – 12):
For growth and a bit-coin bet, consider the forward-looking ETF ARKW. BR is a good cloud computing and big data oriented investment. You may also want to pick up some shares of Shake Shack SHAK. Good dividend growth stocks are PH, OMC, BDX, PLCE and AME.
STZ had 27 million in unrealized and unreported earnings from its 9.9% stake in Canada’s Canopy Growth. It had a bottom line earnings beat of 11 cents per share but missed its top line revenue estimate and sold off. Canada legalizes recreational marijuana this summer so I’d pick up a few shares of STZ at these very attractive prices. Along the same lines, I’d continue to add to a position in HMLSF (Horizons Marijuana Life Sciences Index ETF) or start a position if you have not already done so. States rights or Federalism along with State AJ’s trump anything AJ Sessions might do at the Federal Level. ATMs and cryptocurrency assure consumer purchasing without credit cards and credit for store openings is obtainable through a surfeit of diverse sources. There is no way the trend towards MJ legalization and legal consumption will stop.
The market is, as Cramer says, “like a run away train.” Just remember to remain diversified in your portfolio to protect against rotations, like from the US to Europe, for example. Be balanced in terms of optimism and pessimism or, if you prefer, offense and defense. Somewhere up ahead, say by Spring or this Summer, a bridge will be out. Only those that see that coming will do well. With that thought, I’ll leave you with: Good Investing!
Week 3 (January 16 – 19):
This week you should increase the number of KRE shares (regional banks) in your base stock portfolio. For weekly stock pick growth, consider adding any of the following: DXC, GOOS, FCX, TTWO, ATVI, MDB, CTRP, CLBS, (OTCOB: APHQF), (OTCPK: RKUNY), and DTEC (ALPS Disruptive Technologies ETF). For dividends plus growth consider picking up shares in OLP (it yields 7.1%) and PCH. Don’t forget about the government funding bill issue coming down the road this week. Could be a soft patch in what is otherwise a great bull market. Use any pull-back as a buying opportuniy. Otherwise, plan on buying into strength. Good investing!
Week 4 (January 22 – 31):
Growth stocks/funds to consider are BLOK, FRAC, MOH, LAD, KEM, MTZ, ESIO, TSCO, WGO, DE, SAM, HBM, MT, and SNE. ETFs include: IWP, VBK, VIOG, IJT, TUSG, FGM, EWGS, FXL, SCJ, and EWJ. For dividends and growth consider: CVRR, SNMP, APAM, SHI, STO, and MJX. Good investing !
