Labor Day is upon us here in the U.S. and it marks the unofficial end of summer. The kids are back in school, the NFL is about to start their season and investors will come back to the markets after their summer break.
When they come back, they will see that the S&P 500 hit the 2000 level and we are in the 4th longest bull run in market history. There seems to be a growing confidence for the market to head higher. What do you think?
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As always we would love to hear your thoughts on the markets. Please take a moment to vote and leave a comment.
For some reason, I received an email this past Labor Day from the White House. I am not sure how theWhite House acquired my email address but, I guess I could ask the NSA. I was not alone as I'm sure this same email went out to millions of other Americans.
I decided to join in the fun and watch the video. As I expected, there were a lot of warm and fuzzy words and images of workers in factories. What came next, after 1 minute and 26 seconds really shocked me, the President of the United States said these words...
"reverse the forces that have conspired for decades against working Americans".
Who the heck was President Obama referring to when he used those exact words, "reverse the forces that have conspired for decades against working Americans"?
It's official, summer is winding down and nothing makes that more evident in the states than the long Labor Day weekend.
The markets will be closed on Monday and so will INO.com and MarketClub. We hope that you enjoy the 3 days off or maybe even use them to get ready for the full-swing fall trading season. It's a perfect time to reassess your trading plan and make necessary changes to get you on the right path for the last quarter of 2010. As always, we invite you to use Adam's game plan which is downloadable by clicking here.
Enjoy the holiday and we look forward to seeing you on Tuesday.
