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S&P500 doubles from bottom: How to invest at market highs?
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Daily Poll: What to buy under the risk of tapering?

Daily Poll: What to buy under the risk of tapering?
As the Fed starts to talk of its tapering timeline, traders are also looking for stocks that can survive, and even thrive from the impact. 

According to Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors.
“We think probably the most taper-resistant pick right now is something happening in the infrastructure play. “The thing about tapering is as soon as you hear taper, you start worrying about stocks that are overpriced. And since the infrastructure sector has long been overlooked. It supposes to be one of the good choices. 
Some evidence has been shown on North Carolina-based steel producer  $Nucor (NUE.US)$ .
“It was already hot because steel prices were going up, and then the infrastructure bill came along, and that was a big win. This is the largest diversified player in the U.S. and it’s cheap,” said Sanchez. “

Craig Johnson, chief market technician at Piper Sandler, said it serves investors to take a look back to the last time tapering was mentioned – in May 2013. Johnson said the best-performing sectors in the second half of 2013 were materials, industrials and technology.
Johnson is betting on outperformance in that second sector, the industrials, especially the mining stocks $Cleveland-Cliffs (CLF.US)$ .
Which sectors do you think are worth investing in according to the situation? Share your thoughts and strategy.

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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