HGSI Doc Top Down Review
A great week for bulls and HGSI stocks.
The Ukraine news put a damper mid-day on Friday but the market showed surprising resilience.
We are due a correction but who says we are going to get one? Do a google search and you can find 400,000 notes about the market crash of 2014.
For now interest rates are low, EPS is growing and inflation reports are tame. As long as that theme is intact then this market is likely to avoid a huge correction. However we are late in this bull and have gone a while without even a 10% correction.
I am biased to the long side but am very aware that eventually the BEARS will be right and we will sell off. For now, play the market that we get and not the one you think we should have.
Be nimble my friends……