A Stock Market Nightmare

"Markets can stay irrational longer than you can be solvent." ~ Wall Street adage attributed to John Maynard Keynes

This market should be lower, much lower.   Why?   Trump won.   Trump has not and cannot delivered on his campaign promises. Trump will soon make several big mistakes that will crash the market.

This should have been easiest short in stock market history.   Except it wasn't.

Those that have sold out and shorted the market have not only missed out on a great rally, but have lost money in addition.

Of course, they will be right eventually.  There will be a bear market in the future.  However, if the bull market last a few more years, it will be a hollow victory since they may not be solvent by then.

For now, I remain cautious, with an optimistic bias.  I continue to look for purchasing opportunities for stocks in my buy list and sell tradable position when profitable.  I will also continue to keep a significant level of cash in case there is a major decline.

For more on Strategy and Plans, check back every Monday for a new segment.

This is not financial or investment advice. Please consult a professional advisor.

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