Category: General Market NewsSort
Adam Lass Says US Blue Chips Could Lose Another 34%
The Mother Of all Rallies. Theres A new Sherriff in Town
So todays rally was huge, well, the mother of all rallies in fact. The Dow Jones clean sweeped the previous record, which was 603 points i think i remember them saying on CNBC today, and closed up a whopping 936 points! This was also the largest % gain since 1932 and the 5th largest % gain in the history of the stock market. This is by far one of
Today's sharp move higher in the stock market sheds light on the dangers of an investor trying to time the market. The market research firm DALBAR looked at the returns of mutual fund investors over the 20-year period, 1986-2006, and reported the average market timer return was -2%. During this same time period, the S&P 500 Index returned 12%.