The Iran conflict notwithstanding, Mr. Market will do it's best to reassure you that everything will be fine. Only time will tell but I personally, would not want to enter any new positions here unless you're a daytrader. Not at 20x forward earnings already baked in. Watch the next plank of earning reports. Hedge if you are long any name...........except gold that is. I have a target of $1700 in a wave five count before a correction.…
The idea that we are late in the economic and financial-market cycle is one that even most Wall Street bulls won’t dispute.
After all, when the economic expansion surpasses a decade to become the longest ever and the S&P 500 has delivered a compounded return of nearly 18% a year since March 2009, how can the cycle not be considered pretty mature?
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Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.
- Chinese Proverb