Every year I like to share a year end target for the S&P 500 $SPY for the upcoming year. Being that it's nearly impossible to get right, I like to have some fun with it.
My 2025 PT was 5,700. Swing and a miss as they say.
For 2026, I have a PT of 6,360. That's about a -8% from here.
My top 3 sector picks for 2026;
1. Materials
2. Equal-Weight Consumer Staples (or Staples ex $WMT and $COST)
3. Energy
The 3 sectors I'm avoiding in 2026:
1. Financials
2. Consumer Discretionary
3. Industrials.
Midterm election years are typically difficult years for the market. Time will tell if this is another one.
#Stocks #StockMarket #Investing
@AAyedjr@ItzzZain10 I'm enjoying the hell out of this tournament without Sinner. The upsets are fun. Guys who never thought they had a chance, have a chance. It's fun.
Phantom rate hike: keeping rates steady, while ramping up a significant run off of the Fed's balance sheet, might be how Warsh tries to sneak one past Trump.
Adding to $UBER today, buying at the highest share price I've ever bought at.
I still believe this stock's performance is dampened by irrational, and frankly, stupid concerns over AVs.
$UBER aggregates demand. Their hybrid platform allows them to meet periods of high demand with ease, and scale back during periods of low demand. An AV network with a fixed amount of AVs will never be able to meet the periods of high demand, leading to higher prices, and during periods of low demand will sit idle, creating a cost drag for the owner of the network.
$UBER is and will continue to be my largest holding.
#Stocks #Investing