Higher and Higher – The Sky’s the Limit

Still, the stock markets continued to move higher. 

There are warnings out there that the correction is due and maybe imminent.  Every day went by, one of the 3 major indices would set a new record high.

The NASDAQ was up almost 25% year to date thus far yesterday.  It continued to move higher after this morning’s weaker-than-expected job data.  The Apple shares moved to a new high amid the strong demand for its iPhone X.  The uptrend momentum is strong amid the ongoing positive economic data and strong earnings.

At what point will the market reverse its course and what factors will cause it?  I am dying to see it.  For now, we’ll enjoy the stunning unrealized gain in our 401K portfolio.

Leave a comment

Your email address will not be published.