4-Year Stock Optimist Turns Negative – 4 Signs Market Is On Thin Ice
For four years, since March 9, 2009, I’ve actively invested in the U.S. stock market and written about the benefits of doing so. Now, however, that has changed. I’ve just sold (last Thursday, 2/21) all but one holding and gone to cash.
While others also are worrying about the stock market (see excellent article at end of this write-up), my view comes from a unique source: my current strategy of focusing on growth stocks making new highs, an approach I have used since 1964. Because these stocks often lead in a bull market, abnormal action can provide early warning signals, and that’s what I believe has happened.
This article is published on SeekingAlpha.com
