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Tuesday, January 22, 2019

Danielle Park – Stocks Headed Back Down

from Financial Survival Network

Danielle Park was always skeptical of the seemingly perpetual bull market in stocks and in fact wisely advised taking money off the table, to avoid the inevitable down cycle. Today, stocks are retreating from their 50 day moving average, another indication that the bear market has finally arrived. We’ll know more over the next month, if stocks break their December lows. It will be further confirmation that the cycle has indeed changed. But is it worth waiting to find out for sure? Sometimes the cautious approach is the best.

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from Kerry Lutz Podcasts – Financial Survival Network http://bit.ly/2R8T8yM