Snapchat, Technology Stocks, Emerging Markets Stocks, Commodity Stocks!

Dear Reader,

Snapchat Inc.(SNAP) is trading at Prices/Sales 60 - a ridiculous valuation. Many technology stocks are in a bubble, but driven by smartphones, cloud services and artificial intelligence, the tech boom is set to continue.

Oil is to fall to 45 USD driven by US shale drilling. Large cap oil stocks could fall 10 -20%, oil frackers more than 30-40%.

Brazil, Russia, India and China stocks are undervalued. Emerging markets are now self-sustaining. Emerging markets stocks are to embark on a long term bull market, despite the Federal Reserve hiking interest rates. Many large emerging markets are pursuing market friendly reforms which could bring long term prosperity.

Gold is to rise, despite the Federal Reserve hiking the Federal Funds Rate. European stocks are undervalued, but I do not see European economic growth accelerating much. Too many structural reforms have to be undertaken in order for Europe to grow above potential.


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Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!


Kind regards,
Petar Posledovich