Today's Market
by Dr. Invest


Aunque la mona se vista de seda, mona queda. Let me interpret, "A monkey dressed in silk, remains a monkey still." I don't care how good the market seems, "DO NOT BUY STOCKS!".

The global economy is slowing, "smart money" in corporations is buying back their stocks; "dumb money" is selling their stocks. It is the traders who are buying stocks and there is only a "low volume" in buying. Let me explain, institutional investors are holding-on to cash.

This market could change, but September is typically negative in stock returns. Oh, yes, there is a whole group of analysts dressing-up the market in silk, so people will buy back into the market. This is the "great hope", that people will separate with their money, putting all their cash back into equities. This just isn't going to happen yet. The market still remains a monkey.

Not only are stocks rocketing up and dropping like a ton of bricks, gold too, is remarkably volatile. Oh, did I mention treasuries? Wisdom tells you to stay clear and don't invest. Bernake will not SAVE YOU with a QE-3 this Friday. This "market uncertainty" will continue for a while. Wait until October and then re-assess the market. And most importantly, STAY AWAY FROM THE MARKET!

(Note: The above article is not for investment purposes, but solely for entertainment purposes.)