Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Tom McClellan on July Selloff, Bull Market Peak, and Gold Bottom
"In a recent interview with Financial Sense, well-known technician Tom McClellan says current sentiment is 'horribly bullish' with the market due for a big selloff this month."
Jeffery Saut of Raymond James feels there is a sell-off brewing too. I have linked his weekly commentary for those that are interested in reading. It is titled "Making a Market Call."
Old_Skeet, thanks for posting that. Maybe I'll get a chance to use some of these ETFs and ETNs: DOG, EFZ, EUM, MYY, PSQ, RWM, SEF, SH, VXX, and VXZ (all up today, 7/7).
Correction? Yes. When? Nobody Knows. Barry Ritholtz article. A little easier to read.Talked about a lot but nobody's seen it yet.
Investing: Bloomberg View A Correction Is Coming Jul 7, 2014 8:26 AM EDT By Barry Ritholtz "Some of these articles make for interesting reading, but they don’t make for especially good investing advice. Why? I can think of three reasons:".... "The approach for investors is very different: Anyone with a longer-term time horizon should look at a correction as an opportunity. Use any market decline to rebalance adding to those asset classes that have fallen. Review your portfolio, looking for holdings to trim or eliminate beforehand. " http://www.bloombergview.com/articles/2014-07-07/a-correction-is-coming
Comments
Jeffery Saut of Raymond James feels there is a sell-off brewing too. I have linked his weekly commentary for those that are interested in reading. It is titled "Making a Market Call."
http://www.raymondjames.com/inv_strat.htm
Old_Skeet
Barry Ritholtz article. A little easier to read.Talked about a lot but nobody's seen it yet.
Investing: Bloomberg View
A Correction Is Coming
Jul 7, 2014 8:26 AM EDT
By Barry Ritholtz
"Some of these articles make for interesting reading, but they don’t make for especially good investing advice. Why? I can think of three reasons:"....
"The approach for investors is very different: Anyone with a longer-term time horizon should look at a correction as an opportunity. Use any market decline to rebalance adding to those asset classes that have fallen. Review your portfolio, looking for holdings to trim or eliminate beforehand. "
http://www.bloombergview.com/articles/2014-07-07/a-correction-is-coming