Last week, I gave you my rather somber – and completely non-tradeable – market commentary.
The headline was – we probably have more to fall before rebounding.
I also reiterated that the reason we never “wait it out” is because investing by gazing into a crystal ball is a surefire way to miss the rebound.
This week, I thought I’d give you some reasons why my forecast could (hopefully) be wrong.
Did you know that the best month during a mid-term election year is October? (The 2nd best is November and the third best is December.)
Did you know that over the 16 quarters of a presidential administration, the best quarters are 9 and 10 which will be Q1 and Q2 next year?
Did you know that the markets rebounded off the floor of the June lows last week, which strengthens the floor?
Did you know that the normal downturn during a non-recessionary bear market is about 25%? (Which is also at the June lows.)
So do we have further to go? Probably…but maybe not. No one actually knows.
The only thing we DO know is that you can now buy 25% MORE shares of most investments than you could a year ago.
So don’t miss the “Buy 3, Get 1 Free” sale.
#alwaysbeinvested
