Closed out overweight position in US Dollar

Today I closed out my 50% position in the US Dollar.  I still believe the dollar will perform well in 2016; however, with the current market downtrend the dollar broke my targeted support level.  If conditions continue to deteriorate then the dollar will likely test the lows from August which would be a 4% decline. Continue reading “Closed out overweight position in US Dollar”

Unrealistic expectations of stock market returns

Ask someone what they think the average annual stock market return is and at a minimum you’ll receive an answer like 8-12%. People have extremely high, unrealistic expecations because the media and financial industry over hype the market during good times.  They also tout long term averages, sighting durations that exceed life expectancy by 100Continue reading “Unrealistic expectations of stock market returns”