With the tenth anniversary of this bull market upon us, investors have a lot to celebrate. Stocks are up, profits are growing, the economy is chugging along, the interest rate environment is relatively benign, and even on the trade-war front we are seeing some positive expectations lately. There’s nothing more bullish than a bull market. If this saying is even half-correct, the best indication we investors have that the market strength will continue is the powerful market rebound off the latest lows in December 2018. The chart below, which extends from Dec 24, 2018, to March 5, 2019, shows the… Read More
With the tenth anniversary of this bull market upon us, investors have a lot to celebrate. Stocks are up, profits are growing, the economy is chugging along, the interest rate environment is relatively benign, and even on the trade-war front we are seeing some positive expectations lately. There’s nothing more bullish than a bull market. If this saying is even half-correct, the best indication we investors have that the market strength will continue is the powerful market rebound off the latest lows in December 2018. The chart below, which extends from Dec 24, 2018, to March 5, 2019, shows the power of that rebound rally. From the market’s low on Christmas Eve, all the major U.S. indices rallied quite strongly. Here’s the grand total… #-ad_banner-#Not counting dividends, the Dow Jones Industrial Average advanced 18.4%, falling slightly behind the S&P 500’s 18.7% return. Not to be outdone, the Russell 2000 index of small-cap stocks has been leading the rebound with its 23.8% return as of March 5. The tech-heavy Nasdaq 100 has also done very well, with a 21.3% return over these two and a half months. I’m happy to report that our portfolio over at Game-Changing Stocks has done quite… Read More