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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (4463)6/18/2022 8:29:16 PM
From: Rarebird  Read Replies (1) | Respond to of 10560
 
<<Outside of the serious downtrend>>

That's the most important thing.

The NAHB Home sentiment index has about 6 more months of weakness before it bottoms. And as I said previously, that leads the ISM by a few quarters. That could lead to another year before the economy recovers.

As for the stock market, it should bottom out and start to rally once the NAHB Home sentiment index bottoms.

2023 will be a good year on the long side.

I would take 4% without question now till near the end of this year and take a break in trading till 2023.

Market is treacherous - even though I had a very good week of trading.