Michael Farr | Source | President & CEO at Farr, Miller & Washington

Trade wars, Brexit, international relations with Iran and Saudi Arabia, the recovering wage gains, the FOMC and the presidential election will present alternating headwinds and tailwinds.

If the idea is to buy low and sell high (and call me old-fashioned, but I think it’s a better long term strategy than buy high and sell in a panic when prices collapse) this market isn’t low. Finding pockets of value is difficult – but for the disciplined investor, not impossible.

I’m seeing a market that wants to go higher. The path of least resistance is to go up.