CASH (CASH)

The markets are looking overbought. A lot of stocks reach their peak at the end of this week. Technically the markets are overbought right now. A lot of second quarter results improve announcements of guidance for the third quarter. Invest this cash in the middle of October.

(Top Pick Apr 18/16, Flat) He is 30-32% cash. 1.2% interest in a high interest savings account. If we get a 10-12% pullback he has some cash to take advantage of it. He views the upside or downside of the market to be fairly equal.

He is keeping his powder dry. There are positive and negative factors in the markets. There is a decent probability of a pullback over the next couple of months.

(A Top Pick June 5/15.) At that time he had about a 15%-20% weighting.

He would hold some cash because he thinks the markets have gotten a little ahead of themselves. He is carrying a bunch of cash and thinks he can invest it lower down.

(A Top Pick June 2/15.) He is still heavily, heavily weighted in cash, but less than he was. In a sideways market you always have to have cash in order to pounce when opportunities arise.

(Top Pick Apr 20/15, Flat) He held 40% cash at the beginning of this year. This market is going to be fairly volatile this year. You have to be mobile and cautious. Oil is still fighting the down trend. We are not taking out the old high of $42. It only lasted a day or two last time it tried. Sooner or later it will break $42 but could return to the $30s in the mean time. He recommends 40% cash again. The market tends to go up in spurts and you could miss that. There are downsides to holding cash. You have to be cautious, watching for signals. This is not a long term recommendation.

(A Top Pick Feb 2/16.) Despite the fact that people are always enticed to go back in when the market starts going up, right now we are still below a 200 day moving average, nor have we taken out the high of May 2015. Effectively we are in an intermediate term bear market. Until proven otherwise you have to be prudent. He has 35% in cash.

He is not comfortable with the stock market. Valuations are high in spite of all the selloff. Seems that there are more and more negative interest rates. When rates are negative, that money has to go somewhere, and it is going to go into stocks. That tells him that even though they are expensive, they can get more so. He is 70% cash right now.

She is holding about 60% in cash. Always goes into the 3^rd quarter with a little more cash, because there is usually some kind of a correction between August and November.

The good news is that there is going to be a wonderful opportunity for investors, at some point. It is really important for people to have some optionality, so that when things do sell, everybody and their brother should be walking back into this market.

(A Top Pick March 10/15.) He always carries above average positions in cash. It gives opportunities. To deploy this, it would have to be some really good health care, technology, maybe some industrial stocks, and would have to be blood in the streets.

Sell on the rallies and raise cash. Believes we are in an interim bear market.

He was at 25% cash in the 1^st week of January, and is still sitting at that. Although there are days where the market rallies 1.5%-2%, he wouldn’t cheer too early. Thinks the volatility is going to continue. Cash on the sidelines gives you an opportunity to step in and buy.

You have to be a little more defensive in these markets. It is very uncertain out there. We are seeing wacky markets that really defy a good explanation of what is happening. He is holding 45%-50% currently.