An Alternative to FOMO

The Trump melt-up continues. That said, there's still time to buy into other market areas where safety, quality, and value persist.

Action to Take:  Rather than chasing momentum on Bitcoin or Big Tech, consider regional banks trading below tangible book value, closed-end funds, and BDCs at discounts to NAV, or simply add the S&P Regional Banking ETF (KRE) on weakness.

We will continue to see funds and investors looking under rocks for anything that looks cheap. Tactical Wealth Investor readers made 100% on Tortoise Pipeline (TTP). Move to ClearBridge MLP & Midstream (CEM) if you want to take advantage of the 10%+ discount to Net Asset Value and the huge amount of upside provided by the Trump administration’s pro-energy policies, the Permian Basin boom, and the likely uptick in cross-border energy flows between the United States and Mexico.