As we explain in this issue, when the market speaks, be sure to listen! All of our market timing indicators are now negative, shouting to us that the trend is down. Accordingly, we’re turning our attention to capital preservation, as we let the sellers do their thing. Since the previous Letter, we sold two of our seven stocks, leaving us with five stocks and a cash position of 53%. Eventually, there will be some great opportunities, but for now, hang tight with a healthy cash position and start hunting for the leaders of the next bull move. In tonight’s Letter, we list four compelling stocks that are worth watching, despite the market’s troubled environment. And one of our Model Portfolio’s stalwarts—Green Mountain Coffee Roasters—still justifies a “buy” rating, although any new positions should remain small. Open your issue for our latest insights on the market, our recommendations and how to position yourself for the next bull phase.
