Investing in today's market has become a game where you must trust your gut and have great coaching in order to keep your portfolio in a winning position. The market is coming off of a three year high, meaning there are no assurances on what will presumably occur during the remaining of 2016 and into 2017. We would advise you to(1) review your portfolio holdings closely and understand the risk of each position prior to taking any definitive actions; (2) determine the worth of holding each position throughout the foreseeable market volatility; and (3) stay current on global economic news and obtain investment clarity from a trusted source.
Last Friday, January 22nd, the S&P 500 finally finished the week positive for the first time this year. Despite the good news, we do not expect the worst to be over anytime soon and would advise you to move with diligence and caution. Notwithstanding the current state of the economy and stock market, well positioned investors can still cover a lot of yards to advance closer to the end zone.