Yesterday the market basically gave back Monday's gains. There is really nothing new to report. We could be seeing the start of the pullback of have been anticipating but if you are in stocks already, you may not want to get too defensive.
One thing I will mention as a possible short term play is that Veteran's Day is historically very positive. It is up over 75% of the time with an average return of .29%
Chart provided courtesy of www.sentimentrader.com
I may or may not take advantage of this depending on what happens today and Thursday morning. It worked for us last year but it could backfire as nothing is a sure thing. After all, 11/11 is down 24% of the time.
The dollar is going through the
roof and many are expecting a drop. That is probably what is
keeping it up. The I fund will eventually reap the rewards when
the dollar does fall. But "when" is the big question.
That's all for today.
Currently
100% G fund. Waiting patiently in the G fund for a
better buying opportunity. Thanks for reading.
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