Hightower Advisors’ Michael Farr provides insights into the recent market downturn and offers guidance for investors.
Results for: Investment Strategy
The era of easy money is over, and investors need to be prepared for greater market risk. Rob Isbitts, a financial expert with over 38 years of experience, discusses how to navigate current market conditions and build a portfolio that can withstand volatility. He emphasizes the importance of both offensive and defensive strategies, using options and other tools to protect against downside risk while capturing potential upside. Isbitts also shares his approach to stock selection, focusing on companies with strong fundamentals and technical indicators, and highlights the importance of diversification and position sizing.
The travel industry continues to experience a surge, with air travel reaching record levels. Despite strong results from United Airlines and expectations of positive reports from other airlines this week, I maintain a hold rating on the U.S. Global Jets ETF (JETS). While the ETF appears undervalued, its momentum remains weak, and a market correction is underway. Key factors to consider include JETS’ concentrated exposure to a few airline stocks, lofty expense ratio, and neutral long-term technical outlook. Although the sector may see cyclical upswings, headwinds such as rising oil prices and JETS’ seasonal underperformance through October should be taken into account.