We Have an Update From Biden's Doctor
Was the War Chest Transfer From Biden to Harris Legal?
After Ousting Biden, Nancy Pelosi Has Chosen a Candidate in the 2024 Presidential...
GOP Rep Scales the 'Sloped Roof' Used by Trump's Would-Be Assassin. Here's What...
Time to Fight
Here Are Three Red Flags Secret Service Director Kimberly Cheatle Dropped During Her...
Kamala Harris a 'Bigger Threat' to Down-Ballot Dems Than Biden: NRSC Memo
Lawmakers Visit Site of Trump Assassination Attempt Before the Secret Service Director
Before Exiting 2024 Race, Biden Announced He Used Taxpayer Dollars to 'Relieve' Student...
Here Was RFK's Response to Biden Dropping Out of the Presidential Race
Poll: Here's How Biden's Fellow Democrats Feel About Him Dropping Out of the...
Kamala Harris Endorsed by Major Pro-Abortion Group
Secret Service Director Tries to Cover Up DEI Priorities
Trump's Forceful Message About Our Hostages in Gaza
Following Biden's 2024 Announcement, Here Are Some Democrats Who Did Not Endorse Kamala...

Looking Beyond DOW 14,100

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.

The market got nicked Monday, but seemed to have regained its footing by Tuesday, although there hasn't been much news. Lots of bottom fishing bringing to life names written off only six months ago and points out two things about the market that never change:

* Stocks get oversold because of the crowd
* Stocks get overbought because of the crowd

Yes, right now emotions are in overdrive. Money is pouring back into the market, but its cautious money that was cemented on the sidelines so long there is no conviction. In other words, a couple of hiccups and back to the sidelines a lot of that cash will go. You can call that a form of fear, but there is also fear the train is leaving the station and missing it again would be a personal tragedy. The real tragedy is being out of the market so long and now rolling the dice with an artificial window that could actually be a mental trapdoor.

We moderate exposure to the market but never have subscribers completely out.

This Dow 14,000 drama could take a while to play out, this is a giant barrier, after all-a major index moving to an all-time high. Value is more difficult to find than when everyone hated the market, and some people are looking for instant success--trying to make up for lost ground. Just get in the market and stay in the market, ringing the register often to lock in gains and moderate risk.


Join the conversation as a VIP Member


Trending on Townhall Videos