World Search Consultancy
Your Cart is Empty
There was an error with PayPalClick here to try again
Thank you for your business!You should be receiving an order confirmation from Paypal shortly.Exit Shopping Cart
Short and Long
|Posted on June 22, 2017 at 11:22 AM|
Short and long. The market indexes are near their highs, and with that come the predictions for more of the same, along with other predictions of a big decline, and everything in between. We see the market as having long- and short-term trends and it is important to realize what the overall trend is and how the near-term possibilities fit into the big picture. The S&P has rallied to more than triple the value of the 2009 low, and we think that it is clear that the longer-term trend of the market is bullish. Within that long-term trend, we believe the potential for pullbacks of up to 15% exists, but would still leave the market in a bullish trend. The problem with much of the commentary is that it does not make the distinction between the long- and short-term trends, as people seem to want a one-word solution to the market’s direction of either “up” or “down,” and it’s really more complicated than that. We think that if investors can get a handle on the long-term trend, then they can make some better judgements on a short-term basis, and how that fits into their overall plan.
Categories: DJIA Investing