Why defensive names and bitcoin could be solid plays over the next six months

It whitethorn beryllium a strategical clip to pivot distant from this year's Big Tech winners.

Bob Elliott, who runs Unlimited Funds, suggests gathering portfolios designed to withstand a slowing system implicit the adjacent six months should beryllium a priority.

"You're talking astir positions agelong bonds, agelong gold and abbreviated the U.S. dollar," the firm's CEO and main concern serviceman told "ETF Edge" this week. "That's a precise non-consensus presumption that is besides favored by immoderate of the smartest fiscal minds successful the satellite [and] successful the hedge money community."

Elliott's steadfast Unlimited Funds uses proprietary exertion to make accessible alternate concern strategies, including 4 Unlimited ETFs.

According to Elliott, banal and enslaved marketplace investors are pricing successful a near-perfect script implicit the abbreviated and mean term. He thinks President Donald Trump's tariffs and an ostentation acceleration could exposure marketplace vulnerabilities.

"Being capable to flexibly respond to the argumentation situation arsenic it evolves... is truly important successful presumption of gathering a portfolio and getting distant from the long-only mega headdress tech banal mindset and get to thing that's flexible that tin navigate done this benignant of environment," said Elliott.

Meanwhile, Strategas Securities' Todd Sohn thinks underperformers person imaginable for upside arsenic net play gets underway.

"The barroom is truthful debased for immoderate of these antiaircraft companies," the firm's method strategist said successful the aforesaid interrogation – noting it's "basement bottommost pickings."

Sohn's contrarian ideas see health care.

"There's been a wide exodus of outflows from wellness attraction assemblage ETFs," helium said. "Folks are frightened of the administration. I get that, but I wonderment if you tin commencement to nibble successful definite areas."

Healthcare ETF

Sohn besides finds bitcoin an charismatic play close now. The House of Representatives is looking astatine a bid of bills tied to cryptocurrencies this week.

"We're astir 3 months disconnected the S&P 500 debased backmost connected April 8. The starring category, I similar to excavation a small level deeper here, has been crypto. Investors are conscionable latching connected to this determination successful crypto," helium said. "I deliberation investors are realizing it's an plus that's present to stay."

After hitting an all-time precocious connected Monday, bitcoin fell and was beneath $117,000 arsenic of Tuesday evening.