Current Market Outlook
BLOG POST: Our Current Market Outlook is “Market in an Uptrend” and our light is “green.“
As we reflect fondly on the rally of 2019 this eve of Valentines day, it appears that institutions are again falling in love with stocks and embracing the markets rally. Their desire has been re-ignited for stocks as they have offered sweet returns since the follow-through day of January 4th. Investors admiration appears the strongest for the growth stocks of the computer software -Enterprise group, the darlings of the new year.
While last years market was no bed of roses, this year continues to exhibit signs of internal technical strength and even budding investor optimism. Last December, during the bear market, we suggested the market was descending “a slope of hope”. It appears the trend has now returned to the more natural climbing “a wall of worry”. In spite of many possible large, looming threats (e.g. China trade talks, Brexit, US Govt shutdown, & the Fed raising rates), investors are choosing to look ahead and apparently see positive outcomes. That’s as sweet as chocolates!
But guard your heart. While it’s easy to get caught up in an exciting rally, risks remain and the odds are still high for some sort of sharp down move that leads to a higher-low retest. They say that love is blind. True. But when applying it to the stock market, that sort of apathy can lead to a heartbreak.
Have a Triumphant day! ® Ps. Happy Valentines day to my sweet wife Karen, the love of my life!
The information in this article is based on data obtained from recognized services and sources and is believed to be reliable. Any opinions, projections or recommendations in this report are subject to change without notice and are not intended as individual investment advice. Not to be used as legal or tax advice. ©2019 Triumphant Portfolio Management, LLC.
The Latest
BLOG POST: Our Current Market Outlook is “Market in an Uptrend” and our light is “green.“
Where Are Woodward and Bernstein When We Need Them? This article was written by Newt
A poem about a modern day Pig in a Poke, being “woke” and going broke.
Triumphant Truth
You’re not here by accident. God loves you. He wants you to have a personal relationship with Him through Jesus, His Son. Triumphant strives to honor the Lord and bear witness to His love and mercy by serving our clients with disciplined, proactive wealth management.
14803 Forest Rd.
#1147
Forest, VA 24551
Request a Triumphant newsletter to receive updates on the markets and Christ-centered investing.
Send mail to:
14803 Forest Rd. # 1147
Forest, VA 24551
Request a Triumphant Newsletter to receive updates on the markets and Christ-centered investing.
This information is not intended to be a substitute for specific individualized advice. The TPM strategies cannot assure a profit nor protect against loss. Inherent limitations and market conditions may affect the performance of portfolios in any given market environment. Past performance does not guarantee future results. Investors should consider the investment objectives, risks, charges, and expenses associated with any investment strategy.
Advisory Services Through Sowell Management, a Registered Investment Advisor | Privacy & Disclosures | © 2024 Triumphant Portfolio Management, LLC