Our experts study the markets to find the most profitable stocks to trade.
In any market, though, it helps to know what stocks to avoid. Amidst the volatility, they understand the value of knowing which sectors to quit.
So, they’re here to tell you which underperforming sectors and stocks you’re wise to steer clear of right now.
Internal Analyst Anthony Planas offered his take on Tesla’s uncertain footing:
In less than a week’s time, Tesla did a total 180-degree spin on its business plans. The automaker decided to leave stores open and raise prices after saying that it would shutter stores and cut prices. This shows weakness in management and organization. Major automakers are storming into the electric vehicle race, while Tesla loses its first-mover advantage.
Senior Analyst John Ross provided his take on tech stocks:
IT (information technology) is overstretched at a point in the cycle when the sector historically falls out of favor. Netflix and Keysight Technologies Inc. are two stocks to avoid because they are overvalued and more vulnerable to the negative effects of a market pullback.
Matt Badiali is not optimistic about some popular natural resource stocks:
There are a few hot themes that all the dumb money is flocking to. Battery metals like cobalt are screaming hot. These are the stocks we see in the news. They are getting a million mentions on bulletin boards. Everyone is on one side of the boat, clamoring for the handful of names in the sector. That never ends well. That’s what we need to stay away from in natural resources. There are real assets selling for dirt cheap right now … because no one cares about them.
John Ross gives you his contrarian take on Goldman Sachs’ recent job cuts in its commodities division. He examines oil and copper’s recent performances after similar cuts — and his research suggests smart investors will profit. Click here to watch his latest video.
As always, our experts keep a close eye on the markets to make sure they can offer the best trading advice.
Read on to see the topics that they’re following this week.
And we’d love to hear from you! What stocks will you avoid in 2019?
Just write to us at winninginvestor@banyanhill.com. We might even feature your feedback in our weekly letter.
Stay tuned for next week’s dispatch. Chad Shoop will be back to share one strategy you should never use in a seesawing market.
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Regards,
The Winning Investor Daily team
Avoid Investing in Barrick Gold or Newmont Mining Right Now
https://banyanhill.com/avoid-investing-barrick-gold-newmont-mining
Barrick Gold and Newmont Mining are making headlines because of their proposed merger. This isn’t the first time. And history tells us we should stay away right now.
Volatile Market Advice — Trust Your Winning Trades
https://banyanhill.com/volatile-market-advice-trust-winning-trades
Sitting on quick profits in a volatile market may have you tempted to lock in gains and cash out. But fear is exactly what the market wants. Sharp drops occur to scare you out of excellent stocks. Chad Shoop explains why you should avoid selling a winning trade out of fear.
Goldman Sachs’ Decision on Commodities Is Wrong — and 2 Ways You Can Profit
https://banyanhill.com/goldman-sachs-decision-cut-commodities-desk-is-wrong
Goldman Sachs is cutting back on its staff in the commodities division. With recent history as a guide, this is a contrarian indicator that commodities will rise. John Ross believes that commodity markets are set to rally in the next 12 months.
Artificial Intelligence — 2,700% Growth in Revenue by 2025
https://banyanhill.com/artificial-intelligence-2700-growth-revenue-by-2025
The development of artificial intelligence goes back to the 1950s, when Alan Turing designed the first electronic computer. Fast forward to 2019, and AI is part of our everyday lives. Charles Mizrahi expects it to drive massive economic growth over the next decade.
Follow Mining Royalty and Streaming Companies to Generational Wealth
https://banyanhill.com/invest-mining-and-streaming-companies-generational-wealth
Wall Street is ignoring the mining sector. Anthony Planas shows that royalty and streaming companies are the smart money to follow for big gains.