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| Your Monthly Issue Is Now Online | Oct 26, 2018 |
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There’s an old Wall Street saying that “any market selloffs usually end by the start of the World Series.” Clearly, that didn’t pan out this year, as the Dodgers and the Red Sox are just about to start Game three in Los Angeles. Given Wednesday’s late-afternoon selloff, Thursday’s big rebound, and now today’s pullback, the washing machine market hasn’t ended yet. However, under the surface of the churning market, there are positive signs. There is real fundamental strength under the U.S. stock market, and under our Growth Investor stocks most of all. And, while the recent market swings have been dramatic, the selling pressure isn’t sustainable. In this Monthly Issue, I’ll review all of the market’s twists and turns from the past month. I’ll reveal why, when it comes to market selloffs, the buck will stop eventually. In the meantime, I’m being tactical with our new trades, and I just have one new buy and one sell this month.
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