Monday Note: Etf Accounts and Election Day

monday note: David Kotok, chairman and chief investment officer of Cumberland Advisors, which manages around 2 billion of assets for wealthy investors, said in a Monday note that his firm is no longer fully invested in the market, according to Market Watch. Trumpophoria is a wonderful salve for stock market participants. But some now wonder whether the re-emergence of euphoria is a signal to take some money off the table. We have had a marvelous year in our U.S. ETF accounts. The S&P 500 SPX, 0.65% is up more than 5% since Election Day on Nov. 8, leaving it up more than 10% for the year to date. But there comes a time to take some off the table and leave the excesses to others, Kotok wrote. (news.financializer.com). As reported in the news.