Stock Market Course And Heading 06/08/20

The current King High Tide has risen to 3211. This tide has risen  16% over 22 days and the seas have risen  47% since March 23, 2020.

There have been 7 King High Tides since January 1, 2016 and those tides rose between  15% and  24%. There is more room for this tide to rise and  24% would put the S&P at a record high of 3431.

With the recent beautiful sailing conditions (despite the high winds), we remain guarded against the inevitable storm. Boats were called back to port last week and now 28% of the fleet remains at sea.

Captain's Boat Log:
Fair winds and following seas!

Trading Tide Levels (at the time of the post):
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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