March 2012 (Chinavestor) Investors wonder where the ceiling may be for stocks now that the Dow Jones Industrial Average (INDEXDJX:.DJI) broke through the 13,000 level for the first time since 2008. Before you label me bearish, let me remind investors to what I just said in January and February. The January Newsletter, titled “Uncertainty creates opportunity”, suggested that despite all the bloom and gloom, short term outlook is actually not all that bad. And January turned to be one for the record books, registering the best first month performance in the last 15 years.
Then came around February when we said that “bull markets climb a wall of worry”, suggesting that despite all the uncertainty, there is more upside left. And as a testimony to our belief, we left highly volatile Trina Solar (NYSE:TSL) in the portfolio for February. That move turned to be highly profitable especially if subscribers followed our advice to sell it above $10 on February 9, 2012.