The best market imaginable!

This seems to be about the best market imaginable. In a week that the S&P was down about a percent, and a YTD in which the S&P is up all of 1.7%, my totals were up 3% from up 31.3% to 34.3% YTD.

Why this is the best market imaginable is that the market itself is not extended. It hasn’t budged from where it started the year. We’re not rising on a tide that lifts all the boats. And since the average stock is just about where it started the year, there ought to be less chance that the market as a whole will need to correct and pull our stocks down with it. (Which doesn’t mean it won’t happen).

Best of investing to you all.

Saul

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