Our income / bond funds continue to perform well. Futhermore, our model portfolios have no exposure to stocks currently.
Bear Market Rules are in place. Share prices are below both the 50 and 200 day moving averages.
Friday, July 16, 2010
Market Comment 07 16 10
The Stock market remains in intermediate downtrend. I expect the volatility to continue with the flow of news, both good and bad. Today's market slump was attributed to a decline in the Michigan Consumer Sentiment Index. Consumer confidence has been waning since the first of the year.
Our income / bond funds continue to perform well. Futhermore, our model portfolios have no exposure to stocks currently.
Our income / bond funds continue to perform well. Futhermore, our model portfolios have no exposure to stocks currently.
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