We believe that given the euphoric rise with no pullback along with exuberant enthusiasm raises risks in the short term higher than we have seen in years. A pause would be healthy. Straight line advances in a 30-degree upward angle almost never stick no matter how good things are. Should stocks not pause, we would expect to see many months of gains given back very quickly.

A New Growth Stock Super-cycle Upon Us?

Markets move higher but momentum is stalling.

3rd qtr Quarter 2017 Market Update from portfolio manager John Benedict of J2 Capital Management Troy, MI. We discuss what happened in the quarter and what we see happening next.