So it appears the month June was able to provide some stability to the markets. I don’t foresee a lot of developments/volatility in the near term so I’d suggest one of two options – 1) Continue to sit on cash to see if a better buying opportunity arises later this year or 2) Dabble a bit using a more defensive strategy. As such, here are my Top 5 picks for July:

  1. Cash
  2. WFC
  3. GS
  4. TSLA
  5. BIDU

Stay away – Oil