The Northern Star 2/14/18
Message from Jon Market Update: Heading into a third straight week of market volatility, the VIX is still above 20, and the market doesn't seem to know if the buyers or the sellers are going to emerge victorious. According to Market Watch, we are experiencing a slump in retail sales, erasing the recent gains since December. The BBC news outlet is pegging the markets to brace for higher inflation data in the United States, and this typically doesn't bode well for equities. Beyond that, at this point, a strategy of rowing (active management) rather than sailing (buy and hold) seems to be appropriate in conditions where we have a tug-o-war unfolding between the gainers and losers on any given day. I guess we will just have to wait and see who emerges as the winner, but for the time being, patience and caution is a good sentiment to have. Till we speak again, enjoy your week and keep in mind that we are that much closer to warmer weather! Jon sources: www.marketwatch.com/story/us-retail-sales-slump-in-january---and-december-doesnt-look-so-good-now-either-2018-02-14?siteid=rss&rss=1 http://www.bbc.com/news/business-43057242 https://elite.finviz.com/ https://elite.finviz.com/futures.ashx
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