This week we saw the US stock market attempt to go higher. All economic data released this week suggests that our economy is very healthy and Q3 sales results should be in line with Wall Street estimates.
Stocks that stood out during this weeks retracement were: Texas Instruments, Inc. (TXN), Microsoft, Corp. (MSFT), and Nike, Inc. (NKE), which over the past 5 days has risen from a low of $83.83 to Friday’s intraday high of $88.98.
As we head towards October please make sure the bulk of your investment dollars are in Dow stocks and S&P 500 components that pay a dividend.
Following WI discipline will help the value of your account rise between now and the end of the year.
Stay open. Stay disciplined.
Tyrone Jackson, The Wealthy Investor
