I think there is a very good chance we could see a rally heading into the Congressional meeting on mark-to-market this Thursday. It’s very likely that we’ll see a huge amount of short covering in front of Thursday which should give the market a boost. For the first time this year I have a long bias.
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.