We are still in the uptrend despite the recent weakness. Do not sell into an oversold market....
We are still in a secular bull market. Enjoy the ride....
I would still stay away from emerging markets....
Preferred shares are finally starting to outperform bonds....
Gold price is breaking out. In my opinion, the real confirmation will be when it starts to outperform stocks. I would watch carefully....
Aside from US stocks, EAFE (Europe, Australia, and Far East) offers a good alternative to Canadian stocks....
Fewer stocks carry the market. Maybe it is OK after all. Just follow the trend....
Large companies continue to dominate. Monitor relative strength and stay the course....
Don't take any historical trends for granted. Always check for relative strength....
As market continues to defy gravity, momentum is slowing down and fewer stocks carry the market. Be patient....