If I listened to the news to know when to buy or sell I would lose all my money. I have no idea what the markets will do tomorrow or next week or next year and no one else does. How come there are careers made from predicting the markets or come up with reasons why the government is doing it all wrong. Because there are enough people willing to listen to the predictors. I listen but do not base my trading on what they predict.
Stick to a trading plan for all investing. I like the seasonal trade from the book Stock Trader's Almanac and the web site Sumgrowth.com. I stopped using The Timing Cube because it trades to much causing issues with the wash rule.
Will we get a pull back in the markets? Don't know but I will sell my positions when my trading plans says too and not before.
Happy Trading
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