The bigger they are, the harder they fall. In the August update issue of High-Yield Investing, I pointed out that a narrow group of six tech stocks had accounted for virtually all (98%) of the market’s year-to-date gains. I’ve seen this behavior before, most recently in 2015, when the ten largest stocks in the S&P 500 represented more than 100% of the index’s return while the other 490 were net losers. —Recommended Link— There Are 6,568 Investors On “The List…” Will YOU Be Next? Introducing the exclusive system guarantees you get a paycheck delivered to your mailbox an average… Read More
The bigger they are, the harder they fall. In the August update issue of High-Yield Investing, I pointed out that a narrow group of six tech stocks had accounted for virtually all (98%) of the market’s year-to-date gains. I’ve seen this behavior before, most recently in 2015, when the ten largest stocks in the S&P 500 represented more than 100% of the index’s return while the other 490 were net losers. —Recommended Link— There Are 6,568 Investors On “The List…” Will YOU Be Next? Introducing the exclusive system guarantees you get a paycheck delivered to your mailbox an average of every single day. Sometimes more. Full story here… It’s easy to forget about dividends at times like this. Who can get excited about a 4% annual income stream when stocks like Amazon.com (Nasdaq: AMZN) and Netflix (Nasdaq: NFLX) soar 69% and 92%, respectively, in just eight months? But then the Dow surrendered nearly 1,400 points in two days in October, throwing some cold water on those red-hot gains. Apple (Nasdaq: AAPL) fell 5.5% in the market swoon. Amazon retreated 8.1%. And Netflix plunged 9.6%. #-ad_banner-#That doesn’t mean these highfliers are about to crash and burn. In fact, they’ve already… Read More