Take this opportunity to sell either half or all of your positions in these three stock picks from Byron and Nomi.
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Since the Fed started adding to its balance sheet last fall, emerging market stocks have rebounded after being squeezed for much of last year. With more upside potential in the months ahead, now’s a good time to cut losses on our EUM puts.
With gold’s recent rally, Kirkland continues to outperform the market with industry-leading operating costs and positive cash flow. Unless the Fed is as dovish as the market expects next month, a correction in gold is likely. So, let’s take 41% gains in this position.
In light of the volatile nature of stocks currently and the market bounce this week, it’s time to sell eleven more positions in the portfolio as they are vulnerable to much lower prices in the months ahead.
In light of the volatile nature of the market, it’s time to sell five positions in the portfolio as they are vulnerable to much lower prices in the months ahead.
Jim’s view of the balance of risks in one of our investments has changed. It’s time to exit.
Although we expect Barrick to perform well during the rest of 2020, we believe shares are overbought after doubling in value from its March 2020 lows. Because a large company like Barrick can only grow so quickly, let’s book 51% gains on GOLD now.
