Sunday, September 17, 2017

Winning Stocks

It is hard to tell these days whether the stock market will go up or down.  One thing that has remained certain over the past year is that volatility has been low.  This plays right into the hands of XIV, the inverse volatility index.  It has gone from around $34 per share to $89.61 during the past year, a gain of 161 percent! 

I'll have to admit that I missed XIV this past year.  However, I did make a lot of money by investing and trading in bitcoin through GBTC.  It actually gained over 200 percent to beat XIV.  Unfortunately, bitcoin will be busted for a while because governments like China and Japan are cracking down on bitcoin.  So, I am out of the bitcoin trade for now, but I will be loading up on XIV for this next year because I am betting on another year of low volatility in the stock market.

Another winner for this past year was PNQI, the internet stocks ETF.  It gained over 29% during the past year.  I held a small position in PNQI during this time, but I am going to buy more of the internet stocks ETF for this next year because I believe that PNQI can be worthwhile along with XIV for two of the best stocks to hold in an uncertain market.


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