Tuesday, August 22, 2006

The week trudges along

As expected from the weekly look ahead the market has been wandering. We're seeing an up-and-down uncertainty on low volume due to minimal news.

This behavior suggests the market does not have strong energy for an upswing unless there is substantial good news, which is not likely for at least a few weeks.

This is a good time to rebalance a portfolio or analyze some more stocks. I have a couple analyses in the hopper which look hopeful to have a substantial outcome. Tomorrow will have the usual mid-week funnies that people like so much, then thursday I expect to have a stock call ready. Take this slow week to look at your portfolio and think about rebalancing. There may be an economic slowdown ahead so it could be a good time to take some money off the table with any risky stocks you have a profit in.

Invest well,

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