I’d spend six hours sharpening my ax.”
– Abraham LincolnAs I write this note, the war in the Middle East has been going on for over a year and the war in Europe has been going on for over two years. The tragedies of war are seen every day, and the domestic turmoil and the unrest domestically is difficult to endure. Somehow, despite all this, and the ballooning US federal budget deficits that continue to expand beyond any sense, the stock market has continued to act bullishly.S&P 500 ETF Trust (SPY)
While I previously reminded investors of the traditional strength of markets leading into a Presidential election, even I am surprised at the resilience in the face of current events around the world. It has not been easy to be an investor these days.Even with the current good health of the market, this environment has made it difficult for most investors to stay the course. Many traders have been whipsawed as computer algorithms are playing a bigger role these days. Trends seem to be stronger but not last as long. Investing is not easy, ever.For now:
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