Sean Miller

[pdxmuskie]

I cannot give you 1 day stock advice but if rumblings of war continue, it is quite likely gold mining stocks will do well. Gold will certainly trend higher. If peace begins to peak through the clouds then you will see a pullback in gold and gold mining stocks but they may head higher longer term as they have broken through some resistance levels and appear to be back in an uptrend.

Commodities in general should continue higher as demand surpasses supply. Free money by Trump and the Democrats as well as the Federal reserve and central banks around the world surprisingly stimulates demand. Get a war going and prices of commodities could be up huge. Need all kinds of material to build military weaponry and then you have to rebuild everything destroyed.

You can also invest in healthcare, utilities and consumer staples. These should do better than the broader stock market as the Fed raises rates and eventually stops growing the balance sheet. Should also do fine in the event of a war. Avoid no earnings tech and high valuation companies. There will certainly be a bounce in these stocks at some point but the trend will not change until the narrative changes. As long as the Fed is tightening the high multiple stocks will struggle.

You good with that Muskieman? Sorry about not being able to provide a prediction for tomorrow, just not my thing. Based on how the market closed on Wednesday, I would guess Thursday will be down. There is a chance it opens down on heavy volume and finishes the day higher. If it opens up, it will almost certainly close lower. At this point, you want to look for gaps up or down as a sign of where the market will close. Gap up is almost guaranteed to close lower. Gap down could be capitulation and will reverse course to close near the highs of the day. A flat open should be a continuation of the recent pattern, which at this point is down, but not necessarily that day.

[skyhops]

AH and MM just got me into Russian Ruble, my Merrill Lynch guy isn’t happy.

[pdxmuskie]

The Rubble was certainly bad timing. I did dip my toe in Russian stocks after the freefall. If Russia continues on this path, I expect to lose everything and hope I do because this is madness. Should they pullback, I likely have large gains ahead. Pure gamble at this point but risk/reward is solid. Might take another nibble at significantly lower levels should they arise.

Sean Miller is a much better gamble as he has proven ability to maximize potential and develop players. Taking a flyer on an unproven coach is ok, but limit the financial commitment, similar to my position in Russian stocks.

[Anti-Homer]

The Rubble was certainly bad timing. I did dip my toe in Russian stocks after the freefall. If Russia continues on this path, I expect to lose everything and hope I do because this is madness. Should they pullback, I likely have large gains ahead. Pure gamble at this point but risk/reward is solid. Might take another nibble at significantly lower levels should they arise.

Sean Miller is a much better gamble as he has proven ability to maximize potential and develop players. Taking a flyer on an unproven coach is ok, but limit the financial commitment, similar to my position in Russian stocks.

Hard to respect anyone who lets his subordinate take the fall which leads to jail time. Pretty cowardly. Great coach, substandard human being.