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BSMWF August 2016 Newsletter – bobsstocks.com

The market finally hit a new high recently and seemed to be digesting those gains over the past several weeks. As I write this newsletter (Aug 5), the market is breaking out again…so far so good. That being said, we are moving into the weakest part of the year for the stock market. August though October is historically the worst 3 month period. It is also an election year and this US election may be as turbulent at the Brexit election in the UK. The market does not like indecision so the turbulence will probably be directly proportional to the closeness of the race. A cliffhanger will be the worst case and a clear win the best case from a stock market point of view. With the market breaking out again it may be saying that a winner has likely already been chosen. Regardless of who wins, expect…click here to read more.