Our comments below, just barely hit the airwaves ….
“It was the Best of Times, it was the Worst of Times
As we look forward, the best part of the year “historically” lies just in our view as we finish the year. Using history as our guide, oddly the first month of the coming quarter has been the most treacherous. Not the time to get to overzealous or glum! “
What is surprising about these comments are that … SO FAR, they have been spot on .. I.e. NO SURPRISES –
Bounce and Re-Test
Using history again as our guide, rarely do market suddenly just go back up – what they do is get their feet under them at some level – called a Test and if they hold then they may be on better footing … This is from earlier in the year, but there are tons of repeat tests like this ….
We will be watching and give you more insights as they unfold…
Company Surprise – Honor
Shhhhh … coming to a newsstand near you (those in Dallas) is ….oh well we cannot say until NEXT FRIDAY- we will be yelling then…
Enough of the heavy stuff, its a Friday … have a good weekend.
John A. Kvale CFA, CFP