I will be in Boston Nov 4-18 at my office if anyone would like to visit. Going forward I will be spending more time back in Boston after the holidays (however I will do my utmost to avoid most of the winter!).
I wanted to give you another market update. For those of you that have no interest in the market or watching a video, feel free to skip it. I spend time on these videos for the 25% or so of clients and followers whom I know want to hear some commentary on the current market from someplace other than CNBC.
Video Summary for those who don't want to watch
My summary is that:
It looks like the market is trying to rally up.
Market internals point to buying, at least in the short term
We are at level two but buyers appear to be coming in and the risk of a level 3 situation where a serious correction is possible seems to be diminishing.
Any strength in stock markets likely means higher interest rates - Fed caught between a rock and a hard place.