There were more important things to worry about today than groundhog shadows. There still seems to be strong protectionist feelings in the U.S. Government and the unemployment rate continues to go up.
Pessimism haunts the world's stock market and government debt gets bigger everyday.
Over the last couple of weeks, I've only bought one stock and it has trended lower. It's good to keep your losses at a minimum and watch for any change that might improve some sector of the market.
Most investors are probably still looking for a bottom in this market. I think we've passed that point, but there hasn't been much to cheer about. Cherry picking stocks is the game of the day, right now. You might get lucky and you might not.
In the meantime one can park his/her money in a "High Interest Tax-Free Saving Account". 3.00% is better than 0% or -5%.
St Johns