Stock Opinions by Liz Young, Head of investment strategy at SoFi

COMMENT

Should. The market should have reacted different to rising rates and the yield curve inversion in the first half of 2023. Instead, the bulls have taken over and now see a new bull market rather than a bear market rally. She's not sure this sentiment will endure. She wishes she had not missed the rally in megatech. It's interesting that investors shifted from believing that if yields are down then tech is good to if yields are up the tech is good. They both cannot be right and something will have to give.

BUY

She picked it to start the year, but it hasn't performed well in the first six months. Healthcare has lagged this year, but when the VIX is this low, you want to hold defence.

BUY

She likes energy for the second half, that it's lagged in the first half of 2023. There's a floor on the oil price, which will support these stocks. Continuing consumer demand for travel will help support energy.

WEAK BUY

She likes smallcaps. If the market rotates from the mega stocks, small caps could benefit.

BUY

It's a long-term investment. Many bought gold last March out of fear of a slowdown and weakening dollar. If you still believe that then hold and don't sell.

BUY

Holds profitable small-caps. If this is a new bull market, small caps will rebound.

COMMENT
Let's just have a string of bad days (or weeks), flush it out, get it over with and call it a bottom. In some ways, she welcomes today's harsh sell-off though today (and last Friday) were terrible sessions for markets. There's still further down to go. What is the right market multiple to bounce off?
COMMENT
Bitcoin is crashing Some investors are losing a lot of money, confident that cryptos were immune to inflation--that is not true. Also, there isn't a long history of cryptos to reflect on.
COMMENT
Semis still face a lot of headwinds. The semis signal cyclicality in the market; they are guilty by association in the market. She prefers cloud software.
COMMENT
Cash as a top pick Would sit on the sidelines leading up to Wednesday's Fed meeting. The second half of the year could be better than the first, but later in the year.
COMMENT
The time from now to the Fed announcement of March 15 will be the most dramatic in the market perhaps all year. Bad news is high inflation and the yield has flattened into "a bear flattener" meaning fear in the market that we might make a mistake. Good news: St. Louis Fed president Bullard already freaked us out, so we're pricing in the worst, hawkish situation. So, we might be surprised to the upside if the Fed does (on March 15) less than what Bullard said.
Showing 1 to 11 of 11 entries
  • «
  • 1
  • »