In “A tale of two cities,” Charles Dickens opens saying it is “The Best of Times, The Worst of Times.”

The reference is the French Revolution and a contrast between London and Paris. He talks about “the spring of hope, and the winter of despair.”

It seems an appropriate description of current market conditions. We have volatility. For traders, this is “The Best of Times.” We can profit from this. For buy and hold investors, this is “The Worst of Times.” They must be losing all kinds of sleep!

In this update, I review current market conditions and offer my thoughts on how to navigate them profitably. As always, I welcome your comments.