Sell Stocks Now And Go To Cash

Best Selling Author and Chief Advisor of Aaron Matthews Financial Resources Matt Golab discusses in greater detail changes in the market and some key things to consider when choosing a financial advisor.
 
 
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ELK GROVE, Calif. - April 27, 2015 - PRLog -- This is the title of an article that first appeared on April 6th just after the Easter weekend. Many market gurus and day to day investors are looking for a market top in the future. However, this article points to the possibility the market top might be behind us. Article author Michael Sincere offers six reasons to support his article title.

Weak Job Growth

Just a few days ago job numbers hit the wire and they shocked analysts. The expectation was for 250,000 plus but we rang in only about 125,000. This might be hinting that the economy is weak and that employers are being cautious in hiring either due to changes in taxes and health care or possibly the strong dollar cutting down profits.

New Money

Equity Traded Funds are now all the rage and the amount of money flowing into them proves this. in February 458 billion dollars were placed into ETF's with over $1.25 trillion dollars in U.S. equity ETF's which could be converted to cash or other allocations at the first sign of U.S. equity trouble which could speed up any declines.

Based on these numbers, in fact, I can deduce that many investors are in a panic-buying mode. I suspect these are professional investors or wealthy individuals who are afraid of missing out on higher returns. At every market top, you get the dumbest of the dumb buying because they don’t want to miss out. Yes, even pros can be dumb — especially if their peers are doing better than they are.

The Market Has Hit The High

It’s possible that March 20 was the top of this bull market. On that day, more than 2.5 billion shares changed hands in the last 30 minutes of trading. As investors poured into the market, something surprising happened. At 3:30 p.m. ET, the Dow was up 194. At the close, the Dow was up 168.

Michael Sincere goes on to say that the swing in volume versus prices is an indicator that the market may have hit it's high. On the 20th of March volume increased but prices fell, this may be a bearish indicator.

Rallies are Short Lived

Single day rallies seem to be here to stay. So far the record high for the S&P 500 was 2108 and it hasn't been near that for a while. Sincere goes on to elude that if the market was still bullish it would have blown past 2100 by now.

The author goes on to point out a few additional red flags in his article. However the point is this, keep your eyes open and do not be greedy. This market has done very well for itself the last few years but near the high is when people get in and get burned. You can read the remainder of the article at http://www.marketwatch.com/story/6-reasons-to-sell-stocks...

Matt Golab

Chief Advisor, Aaron Matthews Financail Resources

Matt Golab was recruited to write a chapter in Tom Hopkins recent book, Victory which became a National Best Seller. Matt also received the Editors Choice Award for his contribution to Victory, not every contributor is selected for this high honor.

Matt is an authority on creating innovative tax and investment solutions to help his clients succeed in their retirement years.  The strategies Matt Golab has established and passed on through successful financial planning with hundreds of clients over the years has launched him into the national spotlight.

He is often featured in Retirement Advisor Magazine, a publication which attracts the top financial planners in the country. Matt has been featured in newspapers around the country passing on the principals for a successful retirement. Golab is often asked by national websites that focus on the education of consumers to present his knowledge on the areas of retirement and retirement income plans.

Matt is frequently featured in The Wall Street Journal, CNBC, MSN Money, The San Francisco Chronicle, Newsweek, TheSmartRetiree, Burlington County Times and appeared nationwide on ABC, CBS, Fox, and NBC as well as USA Today.

Matt has a weekly radio show where he discusses all aspects of retirement planning, total wealth management, and estate strategies. Through his relationship with Retirement Radio Network experts such as David Walker former Comptroller General of the United States, Harry Dent of the H.S. Dent Foundation, John Bogle of the Vanguard Funds and many more have been heard on his show Income Forever.

Golab is the Author of The Consumer's Guide to Planning Your Retirement: Your Guide to Mental Peace and Financial Well Being. Matt Golab continues to expand the geographic reach of his audience and desires to bring his expertise to a nationwide television audience. Matt emphatically states his mission, “I want to change the way Americans view their retirement. They can succeed (stay retired) regardless of what happens in the market".

Contact information for Matt is available at his website, http://www.aaronmatthewsfinancial.com/

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.

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Tags:Matt Golab, Aaron Matthews Financial, Market Watch, Investment
Industry:Banking, Investment
Location:Elk Grove - California - United States
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