The market was generally good last week and should be good this week as well. More concern is on geo-political events that could cause a pullback. There is a very good chance that the week will be flat so individual stock choices will be important.
The investment indicator trends are not very positive right now. It is very important to be cautious on any slight moves as they are likely to pull back. Solid companies will continue to be okay and this may be a time to buy at a discount. Keep your money dry so that you can jump at the right time.
We seem to be stuck in a bit of a holding pattern for now. I continue to stress that it is very important as to the stocks that you choose to have in your portfolio.
The market pulled back last week and hasn’t been great (except for individual stocks) for the past couple weeks. This is why it is so important to balance your index funds with well-chosen individual stocks.
The market was generally good last week and should be good this week as well. More concern is on geo-political events that could cause a pullback especially since this is the anniversary week of 9/11 and therefore everyone will be expecting something traumatic.