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Market Is Overvalued - Laid-Back Portfolio Stands Still

|Includes: Northern Tier Energy (NTI)

Hi all,

I wrote my latest article on Mar 6, 2013.Time flies...

I was waiting for a correction before committing more funds into the stock market. The awaited correction is just not happening.

It is my opinion that the stock market is between fairly valued to overvalued. There's no urge to put money into ever riskier stocks.

Nonetheless, I think I identified a possible investment.

I'll write about it ASAP.

P.S. I'm waiting for NTI quarterly data.

Disclosure: I am long NTI.