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12:00 TUESDAY – Stock Market Report #186 – 11/30/22

by Robert Holman | The Defensive Advisor | www.defensiveadvisor.com


STOCK MARKET RATING … 5.0 (0-4 bearish, 5 neutral, 6-10 bullish), no change from last week. This rating is an assessment of both current and likely future market conditions.


I was unable to publish this report yesterday. It was an incredibly busy day for me that ended at 8:45 p.m. So, here are my thoughts from Monday evening and today.


Both bullish and bearish indicators of the likely course of future stock prices are present, hence the overall neutral rating until conditions clarify the most likely course of events. So, there is no reason to get overly excited or overly reactive about any particular bullish or bearish day.


I heard one respected portfolio manager comment on how sick she was of talking about the Fed. She noted that almost everything about inflation, future interest rates and Fed policy is already widely known and that it has been discussed ad nauseum. This is a curious and interesting recent development. Such frustration may in-fact be another signal of an upcoming period of change.


The market has been up 7 of the last 8 weeks. This week is likely to turn out to be a down week.


However, I’m not willing to call this a bottom, although it may turn out to be. I’m staying at neutral for the time being. While there is a lot of negative news still to come, there is positive news coming too, and the market always moves in advance of actual events.


PORTFOLIOS … After reading this report, if you are unsure how to position your portfolio to take advantage of these conditions, call me to discuss your circumstances and I’ll explain what ought to be done to help your situation.


If you would like a complimentary portfolio evaluation, just click here and we will explain what’s good about your portfolio, what you should consider changing, and how it’s likely to perform in upcoming months, all at no cost to you.


TO MY CLIENTS … THANK YOU FOR YOUR TRUST. We’ve had great success since we started this RIA in mid-2018 and are doing better than the market return since that time period.


LINKS: My Story Strategy About HWM Contact Portfolio Assessment


Excelsior Divitiae.


Learn from the Bible: Proverbs 15:22, 21:5, 22:3 and 27:12, Ecclesiastes 8:7, Joshua 1:9, Proverbs 3:5-6, Ephesians 1:17, 1Chronicles 29:11-13, and 1 Chronicles 12:32. I recommend you read them in this order.


Published every Tuesday at 12:00 noon. For more information on my investment and planning services, or to sign-up for this weekly e-Newsletter, visit: www.defensiveadvisor.com/services OR www.defensiveadvisor.com/contact


Opinions in this post are for general information only and are not intended to provide specific advice to, or recommendations for any individual, without our complete knowledge of that individual’s total financial profile. No strategy assures success or protects against loss. Past performance does not guarantee future results.

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