I need to come with a blog update now one month into 2017. A lot of investors cashed in while riding the Trump Rally.
As I stated in my blog two weeks ago we now have a sideways market.
The market has not gone anywhere the last one and a half month. The market looks for new direction. What to do in such a market?
The market will for sure eventually change direction either with momentum upwards or correction downwards. My take is to follow the direction we end up with.
As I have stated earlier one has ample time to buy in when a market starts to move.
I am glad the FANG stocks have performed well since my last blog. Netflix earnings really excelled. Hope some of you took a position in the FANG.
When a sideways market follow the new direction when it commences. We have been patient. We all hope for a new bull.