Waddle your tootsies carefully.

Okay, so for all those who decided to play it safe during the last couple of weeks of earnings reports by pulling their money out and tucking it under their mattresses while we figured out which way the wind was blowing on Wall Street, you have my blessing to waddle your tootsies back in the wading pool once again.

Just do so wisely.

Remember, the jobs reports keep getting worse, and earnings reports need to be scrutinized now moreso than ever before.

Personally, I plan to continue doing my due diligence on names I’ve liked for a long time, the McDonald’s, Walmarts, Pepsi’s, AT&T’s and Verizons of the world.

Just remember the usual disclaimer: Don’t base any of your investment decisions on anything you read here. Do your own due diligence, or at least enough research to pick the right professional to do it for you.

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