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Why I Think You Can Still Ride the Market Higher

101 views  2013-07-10 03:01   Tagsespecially  expected  investor  started  better 

I have to admit that my hat’s off to the U.S. economy. Outcomes in the first half of the year were far better than I expected. And the second half seems to have started where the first half ended—on a high note.

I’m not complaining. There have been nice trading profits made in the upswing, and—like any smart investor—I have taken some profits off the table, especially in cases where the advance has been too big not to cash in on it.

Also Read: NYSE Holidays 2013

And as we move into the second half of the year, the trading and direction will continue to be focused on the Federal Reserve and whether the central bank will indeed begin to taper its bond buying stimulus, as it has indicated.

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