This week the market may trade sideways or may have a downward trend. The worst time will come from the INDIAN, AUSTRALIAN,
EACH WEEK, SIGNS OF WEAKNESS SHOULD BE NOTED BEFORE YOU TAKE A BIG SHORT POSITION. I hardly trade the market but I am now planning to divert a 20% part of the portfolio into shorting the market, which may include metal, oil and hot rising stocks. On the buying side, alternative energy stocks should still be on top of the list. Last year they paid quite handsome returns.
Early last year I recommended stocks like ENER, DESC, DSTI, SPIR, FCEL, MDTL, ZOLT, FCEL, ESLR, MCEL, BCON, QTWW, USEG.
I am holding old list and adding again this year stocks like WWAT, XSNX, EEEI, FCEL, ULBI, MDTL, ZOLT, CY, PWTC, CCJ, KYO, WSFR, USU and a few more. Water related stocks are also favourites, and power and nuclear sector related stocks will also dominate this year. In mining stocks my target is uranium and the coal sector.
This week the market should remain sideways. Therefore watch carefully and wait, as we can wait another two more weeks. In the meantime, buying PUT till then is not a bad idea.