This is a critical time in which the market is making decisions about the next multiyear trend.
The weight of the inverted yield curve will cause a breakdown of leading indexes, like the Dow transports; and the other Indexes that is why I will remain mostly on the sidelines except in the hard asset stocks.
There are so many cross currents affecting the markets right now that we will see a sideways swinging market.
The fed has been pumping the money supply while raising interest rates. This is long term inflationary, but so have all other currencies. Therefore the only true hedge is gold and silver.
Continued

I am going to keep looking for special situations but when the big boys come back into the market in Sept they will buy at first then clean up their portfolios for the end of the quarter which usually takes the market down.