Despite its age, the current bull market in stocks is still alive. Historically they average 39 months, but at 62 months the current one is not showing any signs to indicate the end is imminent or as we call it, Major Market Top. In recent months, market pundits have...
In previous letters I’ve written about how the current long-term uptrend of the stock market is beginning to show signs of age. I’ve characterized it as “getting gray around the temples.” What it means is that slow, albeit subtle, change is taking place beneath the...
Although it does not appear that a major market top is imminent, there are signs pointing to an aging bull market. Therefore, investors should regularly adjust their retirement or investment accounts in order to protect them from the gradual deterioration in market...