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Table 5 · 01-06-2023, 04:39 PM

So what's everyone's strategy going into 2023?

Personally, Oil/Coal more than saved my butt in 2022, and I'm still fairly heavily weighted going into 2023 (mostly offshore/services these days). Global recession will continue to be a headwind for sure, but the China reopening should help counteract that somewhat. Bigger picture though, the long-term supply/exploration issues haven't been addressed, so I'll be in it till they are. If we get an end to the Ukraine war, I imagine that will pose a good buy opportunity.

I'm also dipping my toe into Bonds (TLT/TMF) and Biotech (XBI/LABU). Gold/Silver seems to be making a surge lately, but I've been faked out before so not getting too excited. Otherwise playing it pretty conservative and trying to find some steady-eddie dividend plays in non-energy sectors (since I have so much invested there already). I'm also continuing to increase exposure in South America and Turkey.

Still mostly staying away from Tech, and I think will be a while yet till that sector bottoms. Fed pivot will probably give it a short-term boost, but then I think it'll keep sliding back.

01-06-2023, 04:39 PM	#3917
Table 5 Franchise Player Join Date: Oct 2001 Location: NYYC Exp:	So what's everyone's strategy going into 2023? Personally, Oil/Coal more than saved my butt in 2022, and I'm still fairly heavily weighted going into 2023 (mostly offshore/services these days). Global recession will continue to be a headwind for sure, but the China reopening should help counteract that somewhat. Bigger picture though, the long-term supply/exploration issues haven't been addressed, so I'll be in it till they are. If we get an end to the Ukraine war, I imagine that will pose a good buy opportunity. I'm also dipping my toe into Bonds (TLT/TMF) and Biotech (XBI/LABU). Gold/Silver seems to be making a surge lately, but I've been faked out before so not getting too excited. Otherwise playing it pretty conservative and trying to find some steady-eddie dividend plays in non-energy sectors (since I have so much invested there already). I'm also continuing to increase exposure in South America and Turkey. Still mostly staying away from Tech, and I think will be a while yet till that sector bottoms. Fed pivot will probably give it a short-term boost, but then I think it'll keep sliding back.