Another boring day for the market with the $SPX500 around the same level it opened last Monday. Our portfolio, however, is having a great week. Yesterday, $GME gained 10% and the portfolio was up by more than 1%. Today, we are up by about 0.5% mainly from gains from $GME $DGE.L and $SWKS . I'll put the link to the complete analysis of GameStop below.
STOCKS I'll be watching in 2020 🎅
2020 will mark the 12th year of the current bull market. This is the longest bull market in history. Therefore, we should be more careful at picking our stocks.
In my portfolio, the most important stock will be GameStop $GME with the launch of new consoles from Microsoft $MSFT and Sony $SNE , namely the Xbox Series X and the Playstation 5.
Another important event in 2020 will be the launch of 5G iPhones and this will be particularly important for Skyworks Solutions $SWKS and of course, Apple $AAPL .
Brexit is another important event and if the pound $GBPUSD keeps weakening, this will be a good thing for Diageo $DGE.L
The most important event of 2020 will be the US presidential elections. This will determine how strong the US Dollar is going to be. If Trump wins, the dollar will remain strong but if a socialist wins, the dollar will weaken without any doubt. However, with the low interest rates, I don't think that the dollar will remain strong for long. Therefore, 2020 will be a good year to buy commodity stocks. I already have two $OIL companies in my portfolio, $CXO and $PE and one gold $GOLD miner $POLY.L
Because of these elections, defense stocks will be also important to look at especially Boeing $BA which is not going through a good time right now.
Tech companies will have some troubles because of antitrust probes.
If a socialist wins the elections, healthcare stocks are going to crash. This will be another sector to look at. One healthcare company in particular I'll be looking at is DexCom $DXCM which will be launching their new CGM.
I'll also look at Chinese stocks in 2020 as the average PE ratio for Chinese stocks is 10 right now. The current decade has been the best for US stocks in the last 40 years. This is not going to continue. Chinese stocks have been underperforming and there are so many great opportunities available.
Another country with stocks at a great price is Russia $RSX $USDRUB with the average PE ratio for Russian stocks being 5.7.
Watch the full video on YouTube:
The full analysis of GameStop:
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