Dear Sheryl, What would you say if I told you that in exactly nine business days, we could see a big market rally? I know it might be hard to believe after the selloffs on Tuesday and Thursday, but if history tells us anything, we could be in for a big move to the upside in the coming weeks. In today's weekly update, before we dive into why I see a big rally ahead we'll take a moment to talk about what triggered these big down moves in the first place. I'll also explain why I expect our Buy List to lead the rebound. Plus, we'll take a look at some of our companies that were making headlines this week, as well as the events to watch for next week. All in all, this week's pullback is a great buying opportunity. Right now, the financial media can't see the forest through the trees, but we can. I know it's been stressful, and I apologize for the increased volatility and the machines jerking you around. But stocks are grossly oversold, and good stocks always bounce like "fresh tennis balls."
|