Today's Market
by Dr. Invest

Just a few comments about the debt cap, congress, and the market. As of today, it appears that an agreement will be worked out between the members of Congress and that we will scrape by with a compromise bill.

The market showed their support by moving stocks higher from their lows earlier in the day. Don't take this as a signal that all is O.K. The U.S. government's bonds could still be down-graded tomorrow.

Furthermore, many of the major investors have sold and are holding large sums of cash. Why? Why aren't they buying back into the market?

Look at this graph and give me your opinion of the chances of seeing gains in the stock market for the months of August and September. The financial analysts are looking at this same chart and waiting for the dark clouds to move on before re-planting their fields. If you are planning to invest in the near future, it would be best to stay away until October and then enter with caution.