Due to ever increasing productivity, the stock market is a long-term winner’s game. You can make your winnings even greater by avoiding the two biggest traps – High-Fees and Fear.  Understanding the power of productivity and avoiding High Fees are relatively easy. Conquering Fear is more difficult, but we believe we have systems and algorithms that can conquer the Fear Trap and materially add to your performance.

The comments in the block above in "Current Stock Market Outlook" represent our current thinking on the Long-, Medium-, and Short-term.  

 -- Long term the stock market is driven by productivity.  The recent productivity numbers have been excellent and the outlook has never been better.  Please see the "Productivity is the Key" button.

 -- Our medium term forcast relates to The Five Stages of Stock Market Cycles which occur in every major multi-year stock market cycle.  The Five Stages are explained behind "The Fear Trap" button.  Currently, we think the stock market is in Stage II -- The Explosive Growth Stage.

 -- The short-term stock market is unknowable, as always.  The first money manager to solve the short-term forecasting problem will quickly have most of the money under his management.  We know many strategies and tactics that do not work, but neither we nor anyone else has yet to find the solution to successfully forecasting the short-term.

Peace be with you and your portfolio,

Chip and Skip Wells