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Market Update May 13, 2011
Posted on | May 13, 2011 | Comments Off
Some experts that I follow that have excellent track records are starting to get more vocal about increased volatility in the future and a pullback in markets that would indeed impact commodities and stock prices. This is an opportunity that we have been waiting for to pick up great companies at lower rates.
I’m not advising short term trading action, and this could indeed prove to be a false warning given the Fed-induced liquidity environment we find ourselves in, but it warrants paying close attention. Monitor your target buy rates and be ready to pull the trigger if we get the opportunity in the weeks and months ahead.
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Category: Market News