An Economy with No Sound Leadership…
Following up with our direction of last Wednesday, the 12th. The U.S. economy is in the midst of no leadership. Chaos has been the reigning force.
Traders and investors have walked into a scene where no one knows who to follow, Will a Bull market develop out of here, or will it be a bear market. This can lead to everyone buying into a rally, followed by everyone selling into a hole.
I think keeping involvement levels low may be the best bet. If our Model signals some real direction, I will let you know.
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