Where we are headed in April and the Summer of 2006

dots Posted on April 10, 2006 , filed under Stocks | Print This Post

April has historically been a good month for traders and is the best Dow month of the year. I expect to see a bullish market fueled by strong 1st Quarter 2006 earnings reports. I believe that the 1st Quarter 2006 rally is a little extended. I have written in the past that I believe the theme of the market is uncertainty. The shift from a bull market to a bear market can happen in an instant. At the end of the month I am anticipating a drop in the markets. I expect investors to lock in profits and I intend to sell off the majority of my portfolio in April if the markets advance. I am planning to hold onto a few key stocks and build new positions in the next 1-3 months.

Add this post to your favorite social networking site

  • del.icio.us
  • Reddit
  • Digg
  • StumbleUpon
  • Propeller

Related posts:

Comments

RSS feed | Trackback URI

Comments »

No comments yet.

Name (required)
E-mail (required - never shown publicly)
URI
Subscribe to comments via email
Your Comment (smaller size | larger size)
You may use <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong> in your comment.