Chris Lau
1
All posts from Chris Lau
Chris Lau in Value Stocks,

Monday's Moves (September 12)

Get nervous as Mark Cuban predicts market crash on Trump winning POTUS election. As such:

Load up on Gold (GLD), Gold Miners (GDX), and Volatility (VXX).

  • 1.Realize regardless of who wins, US gets two unlikable candidates. A rate rise by 2017 plus political uncertainty implies long gold and volatility.

  • 2.Worry more for generics if the Dems win: look at Valeant Pharmaceuticals (VRX), Teva (TEVA), and of course Mylan (MYL).

  • 3.Finally recognize the closer we get to the elections, the more the uncertainty. Bad news for Biotech (IBB), U.S. dollar and stocks (SPY).