Since it's been about a month since my last market update video, I'm sure all my clients and blog readers are waiting anxiously for this one ;). So without further ado, here's today's video:
- The stock market is at resistance right now
- A few percent pull back would be in line
- The market is still 11-12% below it's all time high reached nearly 5 years ago
- The latest rally was done with little volume, meaning the large investors (smart money) have not been buying
I'll be back with more updates in the next week, as well as part 2 to my Retirement Income Planning post.