Ronald Sloy, CFP operating in Portland, OR gives an analysis of the market. The old saying, “sell in May and go away,” didn’t hold true this year. It would not be surprising to see a little pullback during the summer. It appears the Fed is going to raise interest rates. There are two economies that are doing extremely well that Sloy, Dahl & Holst has taken a position in. We’ve added to the European Sector and Japan is best performing year to date. There continues to be opportunities in the market. We like the Healthcare Sector and Apple has been one of our bellwethers. The market looks bumpy throughout the summer. Expect the markets to head higher between now and year’s end.
CFP Ron Sloy brings you up to date with the his weekly Market Recap commentary.