TAPE remains choppy......

TAPE is reflecting shift in many things .....

-Interest rate rising

-Bond era over

-Transportation weak

-Global infrastructure strong

-Global stocks doing better

This TAPE is challenging IF you do not see the shift taking place in different sectors....

This is a buy and hold market, in a diversified portfolio

Daily, many stocks are zig zagging too much

Do not make decision on few days action, carefully see the long term trend

A passive approach to your portfolio is better for your psyche & financial health...

Until October, TAPE remains sluggish.....

Trend remains slow and gradual move UP

Many stocks will lag this TAPE, it is important to recognize those in your portfolio.

This is a very normal TAPE, which we will see for many more years, so get used to new way of dealing with market.

In this environment, homework is critical, knowing fundamental trend of each stock is important in your decision making of buy or sell.

Next week Friday, GDP will be in focus, Q2 may look better than Q1 in USA.

We have entered a low return environment in equities, even though indices are hitting all time highs, its extremely selective, as to which stock are going UP,

Good luck with your diversified portfolio !

BLOG does NOT give buy or sell.

Saleem

Posted in: Mixed