Retail is becoming more in focus as the holiday season approaches. Toys “R” Us is the latest in the news for bankruptcy talks and this may not be the end. However, this holiday season may be a saving grace for many companies out there, so be sure to keep an eye out. There may be many different value plays for deeply discounted stocks.
Turning to Apple, today is the day they reveal their new products that include the Apple Watch, iPhone 8, and new operating systems. Not only that, but many are anticipating the Apple TV with 4K capabilities. This is a highly anticipated presentation as people await the newest addition in the long line of Apple products. If you are looking for an influx of volume to look at a volatility play, today may be that day.
From an overall market perspective, the bull market continues on and there seems to be no sign of stopping. People however are beginning to speculate that the market could pull back soon and that equities are inflated. Certainly there are some brands and companies out there that may be over inflated, but that does not mean there is still value in the market.
Now may be a good time to look at your portfolio and begin to rebalance if you have not done so in some time. We’ve been in a bull market for nearly a decade and it would seem an adjustment would be sooner rather than later. It is important to not exit the market on a down turn because just like 2007, the market has rebounded and then some since. Instead, switch to a defensive position within your portfolio and go from there.