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 In The Lonely Bull

Finally, some sunshine on our shoulders, and that should make us happy.

It’s been a while coming, but the stock market finally had the correction so many investors have been looking for. It was swift and comprehensive. Every stock, group, category, etc. went down; there was no place to hide.

However, since the panic opening this past Monday, the U.S. stock market has been in recovery mode.

Volatility might hang around a while, but the emotional selling climax looks to be behind us. Recovery will take some time, but the good news is that there will be one. At Riverplace Capital, we noted that money began flowing out of the market weeks ago, so we did some selling and are now reapplying those funds. We also have made some small adjustments in emphasis.

Above all this has not been a time to leave the market; stay steady my friends.

The Lonely Bull

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