At this stager of the game, Dana Blankenhorn is off to a strong start, up 13% in the Market Vectors Semiconductor ETF (SMH).
But it’s still early, and we have a lot of time left in 2018. Tech stocks have lead the U.S. market higher for years, and that trade is looking long in the tooth. Meanwhile, emerging markets have been in the doldrums for years and have only recently started moving higher again. I’m betting that emerging markets prove to be the best trade for 2018… and likely the next five years.
Disclosures: Long DVYE.