Cash Is A Position

Don't feel compelled to always have a position on. There are times when "cash is king".

PRE-OPEN MARKET COMMENTS THURSDAY - As I prepare for 2025, I start gathering information. It's important for me to see both sides of the coin so I try not to have a bias when I analyze the data. When I add up the "pros" and "cons" I feel I have a good sense for where my best odds can be found. I have a rule that has served me well. I don't have to be long heading into year end, but I can't be short. You don't ever want to fade seasonal strength. A year ago I was telling you to buy with both hands. Now I am telling you to be very cautious.

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