Which is where I was.
Anyway, the story is that the number of companies coming in with weaker data is on the rise. Some of that I blame on higher energy prices. When folks spend more money on gasoline, they spend less money elsewhere. It’s not just fuel, grocery prices are up, too.
As I mentioned in the Podcasts (Audioboos), I definitely respect the historical trends in the market, such as the seasonal pattern for the strong months vs. the weak months. I also have a “Black Box” timing system that I respect, but have to be on the look out for false signals.
My data isn’t available yet for the Black Box, so stay tuned for more on that.
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Mid-80’s. Sunshine. Baseball. A sack of peanuts. And a few beers. Nothing weak about that.