Notice: Trying to get property 'slug' of non-object in /home/sgumdev/public_html/wp-content/themes/sgum_2016/single.php on line 44

written by reader Mixed signals are coming from several sources, first we have the doomsday crowd saying the market is headed for a crash like Stansberry and then we have the other side saying

By backoffice, October 1, 2017

the little investor is sitting on the sidelines while the market is going on to hit a huge bull run due to moves orchestrated by Trump. It’s gotten to the point where you don’t know who to listen to anymore. Casey is claiming the market is getting ready for a run and then Rickards comes out with his doomsday plan. What is your take on this Travis?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

guest

12345

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
Admin

99% of them will be wrong, and no one knows which 1% will end up being right. Newsletter pundits have a vested interest in promoting either doom or vast riches, there’s no money in it for them if they say we’ll “muddle along” or that there’s a 10% chance of a correction, people subscribe to newsletters because that newsletter gets their attention, and milquetoast doesn’t get anyone’s attention.

I’m worried that stocks are overvalued, and my cash position has been building up larger than usual because I’d like to pay lower prices when I put that cash to work… but so far, thats’ how I’ve felt for a year and a half and that cash has been a drag on my portfolio.

So I’m cautious, and I think the odds of a crash are better than the odds of another five years of record highs, with the biggest risk probably being ETFs causing a possible run with mass selling if there’s a panic in one particular part of the market, but I certainly am not selling everything and I don’t know when or how the market will move.

Add a Topic
372
👍 15112

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info