Last week, I shorted a second stock in our taxable investment portfolio. I'm planning on shorting a third stock in the next couple weeks. I don't understand how the market can keep rising despite earnings declines (that beat lowered estimates), a looming rejection of the EU austerity program, and weak U.S. economy.
I know I'm going against market direction and expert opinion, which appears to support a continuing bull market. So I'm either wrong or early and I expect to find out soon.
For more on New Beginnings, check back every Sunday for a new segment.
This is not financial or investing advice. Please consult a professional advisor.
Copyright © 2012 Achievement Catalyst, LLC
Sunday, April 29, 2012
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