January 28, 2019. The market has been heading higher for 4 weeks. On January 14, we mentioned that a retest was possible (heading back to the December lows) and that you should not be surprised if we see a decline.
Well, that has NOT happened yet….but historically we COULD see some downward action up to 7 or 8 weeks out from the December lows.
We are simply saying that you should NOT be shocked if the markets temporarily pull back. The DOW is down over 300 as we write this, but we anticipate a positive 2019 and continue holding all Core Portfolio positions.
Trump may have lost the battle. But he may win the war:
“As everyone knows, I have a very powerful alternative, but I didn’t want to use it at this time,” Trump said. “Hopefully it will be unnecessary.”
The new book Team of Vipers looks like a fun read……more Trump stuff.