Auxan In The News
Fox Business - July 11, 2016, “Why Asia Beckons Investors"
The Street – May 4, 2016, “Why We're Playing Defense"
Fox Business – March 3, 2016, “Why We're Bullish on Muni Bonds"
The Street – December 7, 2015, “Staying Cautious Until Rate Hike Impact is Clear"
Fox Business – November 9, 2015, “Keeping Centered in a Topsy-turvy Market"
Go Banking Rates – October 13, 2015, “5 Stocks to Buy Before Christmas”
Fox Business – October 8, 2015, “We’re Shorting the S&P and Holding Cash”
Springfield Business Journal - Oct 8, 2015, "Great Southern Doubles St. Louis Presence”
Yahoo Finance! – Oct 1, 2015, “10 Investing Tips for the Rest of 2015”
Fox Business – Sept 3, 2015, “Time to Get Defensive on Stocks”
US News & World Report - July 31, 2015, “Hot or Not: The Prospects of 8 High Profile Stocks”
Sectors of the Month – July 2016
The fallout from the Brexit vote last month has created some very interesting opportunities. One area of interest are the Asian exporting countries, specifically Taiwan (EWT), Indonesia (EIDO), and Thailand (THD). Our view is that the global economic climate favors countries like these over the near term. Landing on this group of countries was more of a logical process of elimination than anything else.
These factors leave exporting countries that are not sensitive to oil or in Europe as our favorite play this month. In such countries, their exports could stand to benefit from the strong dollar and yen while mostly avoiding the exposure to Europe or oil that could derail things.
From a technical perspective, all three of these countries’ charts look great. In the last few days all three have been breaking out above March highs after putting in an inverted head-and-shoulders pattern (EWT, THD) or a cup-and-handle pattern (EIDO). One additional area of interest to us is Base Metals (DBB), which has a lot of momentum lately. Similar to Thailand and Taiwan, it also recently broke out of a bullish inverted head-and-shoulders pattern.
Interested in learning more? Contact Auxan Capital Advisors, LLC to talk to a financial advisor Springfield MO to learn more about retirement planning and wealth management!
The commentary included in this blog is provided for informational purposes only. It does not constitute a recommendation to invest in any specific investment product or service. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.
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About the Author: Derek Schmidly
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