Lately it feels like everything goes up together and goes down together. Even boring hedges like gold have blasted up and down with the crazy price swings
I’d like to diversify my portfolio away from things that all seem to swing at the same time
What have you found that doesn’t correlate with the MAG7 or top blue chip / S&P 500 stocks
What stocks don’t correlate with the major tech / top S&P 500 stocks?
byu/TurtleBlaster5678 ininvesting
Posted by TurtleBlaster5678
2 Comments
look at companies tied to physical infrastructure not software. $AGX (Argan) filed their 10-K Wednesday showing record backlog building power plants for data centers. stock up 29% in two trading days while the rest of the market dropped. +81% YTD vs SPY -7%. zero correlation to mag7 because their revenue comes from construction contracts not ad spend or cloud subscriptions. the filings on infrastructure and energy companies right now tell a completely different story than tech
Rather than give you specific investment advice how about I just ask you…
How much exposure to international and small caps do you have?