Market in Uptrend/Downtrend- flip a coin, Building Wealth, Investing, Retirement, Stock Trading, Freedom, Liberty, Applying History

Episode 98:  S&P500 is trading below its 50 day moving average- half the people I talk to are buying “on the dips” thinking the market will go on to make new highs; the other half are going short in anticipation of a large correction.

I’m sitting on the fence.  In this episode I discuss why I think the market is trading in a bracketed range with no discernable indication of forward trend or momentum.  I remain mostly in cash, which is my favorite fallback positon.

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