The stock market has proven quite resilient these past couple weeks and has now moved up for the past 2 weeks. It’s finishing off today just shy of the next upward resistance band from a technical standpoint and there’s still much unresolved in Europe – so I’d still suggest staying fairly conservative . But I think all investors would agree we prefer an upward market over a downward one!
In today’s video I show where the market has been and where it’s next stop might be on the way up. I also talk real briefly about the bond market and whether or not there’s a “bond bubble” brewing, what the consequences would be if interest rates started to rise, and how to protect yourself (and actually profit) when that happens.
Thanks for following my blog and have a great Father Day Weekend.