NAVIGATE THE STOCK MARKET FOCUSES ON: (1) Daily momentum analysis of the DOW 30 stocks and 15 ETFs across various market sectors. (2) Stock Market commentary and analysis. (3) Buy/Sell signals for major market turns. (((The blog is for information only. You assume all risk of its use; we don’t warrant the accuracy of our content. You must do your own due diligence.)))
Thursday, April 28, 2011
The Stock Market wants to go up…
The
Navigate the Stock Market analysis remains a Buy today. I went 100% long in stocks today. I went 50% into stocks on the 20 April Buy
signal, but I waited to be sure the S&P was going to get above the 1343
area before committing more money to stocks.
1343 on the S&P was where the correction (recent unpleasantness?)
started.
Putting
100% into stocks is way too high for most people and I don’t recommend it
unless you have a high risk tolerance.
The usual recommendation for exposure to stocks in a portfolio is to
subtract your age from 100. The result is the amount you should invest in
stocks. The remainder could be split
between bonds, cash, real estate, and these days, commodities. (Most
people get exposure to real estate thru their home, but Real estate investment
trusts (REITS) or a real estate mutual fund can be a good addition. Don’t expect fast growth, but they are good
dividend payers. Price wise, real estate
is pretty much at the bottom)
I
probably won’t post again until Monday, or maybe Sunday night.
NTMS
switched to BUY on 20 April and I currently am 100% invested in the stock
market.