>>> Join Nate and I weekdays at 10 AM ET for Opening Playbook — we’ll cover the day’s most important, actionable trading opportunities and hot setups, education, strategies and more, click HERE to JOIN Live! <<<
I came across something recently that stopped me in my tracks — and I think you’ll want to hear about it.
TrendSpider put together an analysis of Ray Dalio’s portfolio outlook for 2026, breaking down exactly which tickers he’s prioritizing and which ones he’s actively avoiding…
Dalio is the founder and CIO of Bridgewater Associates, the world’s largest hedge fund. And when one of the world’s top hedge fund managers makes moves this decisive, I pay attention.
What struck me most wasn’t just what he’s buying — it’s what he’s deliberately staying away from.
Dalio is avoiding the S&P 500 (SPY), Nasdaq 100 (QQQ) and U.S. long bonds like TLT. That’s a pretty clear signal about where he sees risk in the current market environment.
But here’s the thing: He’s not avoiding all U.S. stocks. He’s being selective. Very selective.
Where Dalio Is Putting His Money
The No. 1 priority in his portfolio?
Gold (GLD) and gold miners (GDX).
It’s validating to see that alignment because gold has been one of my focus areas as well.
Beyond that, he’s shifting a meaningful portion of his attention overseas.
Dalio is leaning into non-U.S. equities and emerging markets, which signals he’s looking for growth in regions that may be earlier in their economic cycles or less sensitive to the policy dynamics weighing on U.S. markets.
That kind of global pivot usually means he’s identifying structural opportunities abroad that the average investor isn’t watching yet.
On the U.S. side, Dalio is selectively invested in defense, manufacturing and energy — and these sectors have been red hot for good reason.
Defense spending has been accelerating, manufacturing is benefiting from reshoring and infrastructure trends and energy continues to react sharply to geopolitical tensions and supply shifts.
These are sectors with real-world catalysts behind them, not just momentum trades.
The Sectors Catching His Attention
Caterpillar (CAT) has been red hot. Chevron (CVX) and ExxonMobil (XOM) have both been moving strongly on Venezuela news, and Lockheed Martin (LMT) in the defense sector has also been red hot.
When I pulled up the chart recently, the trend was unmistakable.
All of this paints a clear picture…
Dalio isn’t trying to chase broad index performance. He’s isolating areas where macro forces — geopolitical pressure, commodity dynamics and industrial demand — are creating durable tailwinds.
It’s a basket of sectors that stand on fundamentals rather than hype.
I’d recommend taking a screenshot of this portfolio breakdown if you come across it.
When one of the world’s most successful investors is this clear about what he’s buying and what he’s avoiding, that’s information worth keeping handy.
The takeaway here isn’t to blindly copy Dalio’s portfolio. It’s to understand the thinking behind it.
He’s prioritizing hard assets, selective U.S. sectors with strong fundamentals and international diversification — while stepping back from broad U.S. equity exposure and long-duration bonds.
That’s a framework worth considering as you think about your own positioning heading deeper into 2026.
Graham Lindman
Graham Lindman Trading
Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
- Telegram:https://t.me/+abM5RWRJKrpkNWI5
- YouTube:https://www.youtube.com/@NewMoneyCrew
Important Note: No one from the ProsperityPub team or Graham Lindman Trading will ever contact you directly on Telegram.
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. Have you traded XSP’s hidden 10 AM edge?
What will you be doing at 10 AM tomorrow?
Running a few errands…
Returning from the gym…
Or probably already hard at work…
Whichever it is, if you can spare 2 minutes at 10 AM tomorrow…
I can show you a setup with the power to put around $500 (on a $1K) in your pocket in 60 minutes tops.
Granted there would have been smaller wins and those that did not work out, but…
No, you won’t be needing any kind of specialized account for these daily trades; a regular brokerage account would work just fine.
The best part? Unlike a number of other strategies that have you chasing multiple tickers with multiple options contracts…
For what we do here at 10 AM daily, the SPX has more than enough daily volume to have you in and out of the market in under 1 hour.
Granted, I can’t make absolute guarantees when it comes to trading…
However, I can show you the entire game plan with all you need to go after the market as soon as 10 AM tomorrow.
