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AlphaProfit to Provide New Sector Recommendations on March 31
AlphaProfit will provide new sector recommendations on March 31. AlphaProfit's Core and Focus model portfolios will be repositioned with new ETFs and Fidelity funds to protect gains and pursue growth opportunities in the evolving market environment.
By: Uma Maheswari
As the first quarter comes to a close, the S&P 500 index is up 5.8%. From a sector perspective, the Industrial Select Sector SPDR (XLI) and Consumer Discretionary Select Sector SPDR (XLY) with gains of 11.2% and 10.0%, respectively are leading the rally this year while Utilities Select Sector SPDR (XLU) and Vanguard Telecommunications ETF (VOX) with losses of 4.1% and 0.3% respectively, are lagging.
Commenting on the markets, Dr. Sam Subramanian, Managing Principal of AlphaProfit Investments, LLC and Editor of the AlphaProfit Sector Investors' Newsletter said, “The stimulus plans implemented by governments around the world in the last 18 months have enabled economies to recover.”
The situation is however changing now. Concerned over inflation, Australia, China, India, and Norway are starting to unwind the stimulus measures and tighten monetary policy. Things may change in the G-7 group too relatively soon with Canada taking the lead in raising interest rates.
Subramanian believes investors do not need to hit the panic button just because the markets are overbought and rates are set to go up. He says, "Investors can still make money by investing in the right sectors and by using appropriate capital preservation strategies. In the early phase of this bull market, higher risk low quality stocks performed best. Going forward, higher quality less risky stocks are likely to fare better."
AlphaProfit will provide new sector recommendations on March 31 and reposition its Core and Focus model portfolios with recommended Fidelity Funds and ETFs.
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Publishes investment newsletters that include practical portfolios for mutual fund, exchange-traded fund, and stock investors. Published since 2003, the AlphaProfit Sector Investors' Newsletter has received Hulbert Financial's #1 rank numerous times.