Capital 10X 2019 Market Outlook – Navigating the ‘Chop’

Thomas George and John Mastromattei provide investors with their 2019 market outlook, where they see the market remaining range bound with an upward bias.

Macroeconomic volatility has created a market dynamic that will create a challenging trading environment. The goal for traders will be to manage that volatility within their portfolios and protect the downside at every opportunity.

Grizzle’s Head of Investment Strategy Christopher Wood has been salient in calling the market. We highly recommend our readers to follow his work. His recent piece provides an excellent insight into the Fed Chairman Jerome Powell’s pivot on quantitative tightening and the new reality that asset prices now drive economies and not the other way around.

They view gold equities as the best risk/return trade for the year, providing an insurance policy against macroeconomic volatility. Gold miners are the preferred play as they provide operational leverage to an increased gold price.

Investors are recommended to employ a barbell strategy:

  • Long tail risk insurance: Gold stocks
  • Long high growth: Cannabis & Technology

Their top gold picks are:

  • Guyana Goldfields (Ticker: GUY)
  • Alio Gold (Ticker: ALO)
  • Detour Gold (Ticker: DGC)

Capital 10X gets down to the real money business, actionable financial insights for traders and investors. We analyze company earnings, interview management teams and help teach the fundamentals of financial analysis and options trading. Our mission is to hunt for genuine 10 baggers.

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