Essentially, there are two brains at work among investors: a relatively hopeful one thinking now is a good time to BUY because of continuing jobs growth, the consumer being in good shape, the FED remaining a friend to investors, and a rebounding of manufacturing.  But, there is also gloomy “SELL” brain raising the specter of Presidential Election uncertainty and the possibility the FED will raise rates quickly.  The two brains alternate in effectiveness causing the markets to wildly fluctuate. Unfortunately, I see these fluctuations continuing until after the Election.

Investors are advised to continue to think of their portfolios as long term and monitor the factors in The “Heat Map” below.