Sachem Rock’s near term outlook for the domestic equity market is favorable for investors, despite the last three weeks of sideways motion for the major indexes. We believe that the current malaise is simply a manifestation of the old stock market adage, “Sell In May and Go Away”. The market is likely in a consolidation phase from the gains early …
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Looking Forward To Autumn
Sachem Rock’s near term outlook for the domestic equity market is favorable for investors, despite the last three weeks of sideways motion for the major indexes. We believe that the current malaise is simply a manifestation of the old stock market adage, “Sell In May and Go Away”. The market is likely in a consolidation phase from the gains early …
Read MorePosted on: 08-13-2013 Posted in: Market Commentary