THIS EVENT IS NOW LIVE
Be honest with yourself: you think everything in the market is still great despite volatility extending from March into April.
You haven't lightened the load on that Netflix (NFLX) you bought while the market was melting up in January. Who cares about the broader pullback in FAANG stocks over the last month, right? Trump's rampage against China's trade practices hasn't shaken you from the that dividend-paying, global industrial Boeing (BA) you purchased last year.
Those chip stocks such as Micron (MU) that rallied for most of 2017 and into 2018 in part as a result of the cryptcurrency mining boom are still littered throughout your portfolio, too. That's despite watching crypto prices plunge some 50% off their Dec. 2017 highs and the Semiconductor Index (SOX) getting smoked in recent weeks.
"It's interesting times -- I think what we are seeing is a shift in the markets," long-time Stifel Financial Group chairman and CEO Ron Kruszewski tells TheStreet. "We have been in a period of low interest rates, low inflation and low growth and that has promoted passive investing and high price-to-earnings multiple stocks."
Added Kruszewski, "Now we are going to change, where you will get higher growth and higher interest rates and the market is going to be more volatile -- it's going to be a stock-picker's market."
The reality is this: your portfolio is probably not prepared to navigate the shift that a Wall Street insider like Kruszewski references. Further, your approach to investing in these markets likely needs to be refined.
All of this makes it extra important to listen in on TheStreet's founder Jim Cramer's monthly call with members of Action Alerts Plus happening now. Cramer will share his latest thinking on the market and help you position for success in the coming months. Above all else, Cramer will divulge some of the best investor education around gleaned from his decades on Wall Street and from extensive work being done with his team of top research analysts.
You can simply join the call by heading here. It's your loss if you aren't on this one.
Before You Go
Get ready for the must-attend investing conference of 2018, hosted by none other than TheStreet's Jim Cramer. From an exclusive interview with PayPal CEO Dan Schulman to expert panels that touch on investing in the stock market to alternative investing, you won't want to miss the event TheStreet is hosting on May 5. Details are below.
- Date: Saturday, May 5, 2018
- Location: 117 West 46th Street, New York City
- Register here