Folks,
Happy Holidays.
Time to do an alert. Since the last post the US equity market fluctuated up and down. We are back to S&P 1260 mark. S&P is also back to positive for the year 2011. So, let’s see if that market index can sustain above that for a few days. If it does, consider investing more. If not, you may wish to wait a little. Do what is right for your own risk preference.
There is no big bad news from Europe. It seems that there are green shoots in the US growth from the recent economic and unemployment data. The market seems to react to negative news well. As a result, the general mode of the market is positive. The taste for risky assets like, stocks and gold, is biased to the upside.
GC – Editor
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