Really should be getting a lot of focus i know were talking a lot about small caps and all the talk about the f. A. N. G. S building, visa, apple, mcdonalds all great years and now the transports have joined along as well. The transports were just waiting there, waiting to move higher they were down 25 , 30 boss so as the market looked like it was fine, everything was great they were getting pummeled so over the last week they started moving up. Delta yesterday came out and said, you know what. The hurricane is not that big of an issue they still gave better guidance so i think, you know, as pete has been saying and trying to get me to put more money into the market. You should. Ive been doing it on dips it i like to buy on dips rather than highs but nothing wrong with that, pete. Not when the highs go higher. When you get a new record every day. The highs keep going higher so then what do you do in the highs keep going higher. You always look for opportunity. Thats what we talk about
Its setting up for a perfect trade. Lets get to it because stocks posted their worst day in three weeks. Should investors brace themselves for a summer swoon. Lets get in the money right now. Mike, what do you think . Summer is not typically a great place to invest anyway. They say sell in may. Historically, that has held to be true. Theyve done a lot of research on this. You add to the fact that were sitting very close to alltime highs and we obviously have plenty of Global Economic risks to concern ourselves with. We have the brexit vote, concern about the fed and bond voices telling us were in no growth forever. You put all of that together and you have to say there is nor potential for the down side than the up side. How are we setting up for the charts . As an asset class, the equities, median stock in the russell 3,000, 98 of the investment capitol in the united states, has made no progress in two years. On the january lows youre talking about half of the russell 3,000 had lost 1
And its setting up for a perfect trade. Well explain. The action begins right now. Lets get right to it. Stocks just posted their worst day in three weeks. Should investors brace themselves for a summer swoon . Mike, what do you think . Well, the summer is typically not a great place to invest anyway. Sell in may. Historically that has been held to be quite true. Add to that the fact were sitting here close to alltime highs. And we obviously have plenty of Global Economic risks to concern ourselves with. Weve got the brexit vote, concerns about the fed. And bond prices are basically telling us were in no growth forever. You put that together and say to yourself, there is more risk to the downside than potential reward to the upside. How are we setting up on this chart . Heres the issue. The median stock in the russell 3000 has made no progress in two years. On the january lows, youre talking about half of the russell 3,000 had lost a third of its value. Now its a question of whether th
The action begins right now. Lets get right to it. Stocks just posted their worst day in three weeks. Should investors brace themselves for a summer swoon . Lets get in the money right now. Mike, what do you think . Well, the summer is typically not a great place to invest anyway. They always say, sell in may. Historically that has been held to be quite true. Theyve done a lot of research on that, but you add to that the fact were sitting here close to alltime highs. And we obviously have plenty of Global Economic risks to concern ourselves with. Weve got the brexit vote, concerns about the fed. And bond prices are basically telling us were in no growth forever. You put that together and say to yourself, there is more risk to the downside than potential reward to the upside. How are we setting up on this chart . Heres the issue. As an asset class, we cthe equi, the median stock in the russell 3000 has made no progress in two years. On the january lows, youre talking about half of the r