Rates May Not Need To Move Higher
Wow. Could this be true? The DJW is up 10% since the break out in September-2017.
Should we start taking profits, or should we instead throw more money into stocks? I have no idea.
I haven't read the news today, but I did see the headline that job growth came in a bit weak. I assume the market interpreted that to mean rates may not need to move higher as fast as expected... and that favors technology stocks.
(Click on image to enlarge)
Outlook Summary:
The long-term outlook is positive.
The medium-term trend is up.
The short-term trend is up.
Disclaimer: I am not a registered investment advisor. My comments above reflect my view of the market, and what I am doing with my accounts. The analysis is not a recommendation to buy, ...
more