Thursday, January 27, 2011

The Goldilocks Rally

The Goldilocks rally keeps on going.  It’s not-too-hot and not-too-cold.  It’s just right.    

Speaking of gold, if you have been berating yourself for not buying gold back when it was $1,100 an ounce, rest easy.  Over the last six months the S&P 500 has outperformed gold (GLD) by about 5% and you could add another 1% in dividends on top of that because gold doesn’t pay dividends.

The Navigate the Stock Market system is still positive on the market and indicators improved today.  I remain 100% long in the long-term portfolio.