The market has taken a hit this week on fears surrounding the Middle East ... or so it seems. To us, the market was due for a slide, and that’s what we’re getting now. So far, our market timing indicators are still positive, so we can’t say the six-month uptrend is over. But there’s no question that leading stocks have come under tremendous pressure. Because of that, we’re doing some selling in the Model Portfolio ... but we’re holding most of our relatively resilient names and will be watching to see if this was yet-another shakeout within an overall uptrend. In tonight’s Letter, we give you all our latest thoughts, of course, and also highlight one of our newer additions that, while gyrating wildly, has a powerful story that we think could propel it much higher in the months ahead.
