I did a video to update where we are in US financial markets. I shared some commentary on the indices and on some sectors and thinking moving the market. Here is a bullet point summary if you don’t want to watch the video:
Market is unusually strong as buyers can’t seem to buy enough. Strong “internal” buying signals
If you’re in stocks, stay in and ride the trend. If you are 50%, 60% or 70% invested, stay invested but don’t chase the market with the remaining cash. Unless you are a skilled trader.
If you’re out of the market, think like an asset allocator and buy into out of favor sectors and build a gold allocation
Gold is a good allocation because to keep the game running, we will likely have much more government spending, and Fed stimulus.
Some interesting trends in the market include baby boomers selling and moving into RVs and the general move toward vacationing and being free in a way that does not involve being on a plane, a train, or in a crowded tourist area. Winnebago doing well as well as Polaris Industries (no positions in these).
I cover a bit more in my video here: