Today's Market
by Dr Invest

I'm thinking the next month is going to be painful. I made an investment in stocks with a yet undetermined outcome. My view is that my positions in stocks will sell at a loss after hitting my stop-sell. I will feel the pain when my stocks sell, but I still hope that the promise of a fiscal cliff compromise will move my stocks upward.  Instead of sitting on gains, I find myself about even. The bond ETFs have continued upward, gold has climbed some but still remains in the red, stocks are now in the red. For the short-term, I feel the pain. And though twisted like a contortionist, I patient hold my position waiting for the uptick.

Outcomes

There really is nothing positive at this moment. If you were planning to buy something, stay away from the market right now. The Fed stimulus will likely prop up the market after the fiscal cliff. WMT and RTH will likely regain their footing if they don't fall enough to trip my stop-sell. YTD gains for WMT is still at 10% and WMT will continue their profits in 2013.

We could only hope for a good old fashion recession and 2013 could be the year for it, but remember Bernanke is committed to keeping the stimulus pumping regardless the cost. So we can expect a stimulus led bull market or an uncontrollable bear market that will tear at the core of your investments.

So, Merry Christmas and Happy New Year. I continue to wait for a new burst of gains and hope it comes soon.

Dr Invest

(note: the above article is for entertainment purposes only and not to be used as investment advice.)