Markets Rally- Reality Might be Alot Different!
The U.S. “Didn’t” invade Syria – Market Rallies; Larry Summers “Didn’t “ become Fed Chairman – Market Rallies; the Fed “Didn’t” taper – Market Rallies. The US Govt closed down yet the Market did not crash ( at least yet). I was surprised to see the globex futures actually up. We are in extreme times. Contrary to logic Gold is selling off and the stock market is up. There is no explaining the ongoing insanity in the markets which has been nearly impossible going on five years now. The roller coaster ride we have witnessed has frustrated many trend followers except those in Facebook and Tesla shares. I really believe that it is going to get much worse…….especially for the Buy and Hope investors. Fundamentally we have major issues. There is no safe haven. Bubble after bubble have emerged and are now popping.
Student Loan Defaults Have Hit $146 Billion- which is one of the highest default rates yet.
What is my simple point…Have a complete investment plan.
Know what exactly to buy or sell…
Know exactly when to sell and take a profit or a loss
Realize there is nothing perfect and there will always be losses and durations of draw downs.
The big difference should be is that you align yourself with the markets. Opinions do not matter. As much as I am skeptical of this stock market, I follow my plan and will take signals as they come.
We are in unique times…
Past performance is not indicative of future performance