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Growth Investor
Helping Investors Build Wealth Since 1970

The Truth About Contrary Opinion

The market has finally hit a little turbulence, supposedly due to some renewed worries about the finances of Europe. Really, though, it’s more likely the market simply attracted some sellers after a straight-up move for much of the past three months. That said, we’ll leave the predictions to everyone else: Currently, all of our market timing indicators are in good shape, so while anything can happen in the short-term, the odds favor higher prices in the weeks and months to come. We are switching a couple of Model Portfolio stocks to hold tonight because of their recent action, but we remain heavily invested. And we might even do some new buying if the market offers some attractive set-ups.