STOCK MARKET UPDATE
Updated following each market day
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The popular averages finished to the upside on Friday, however off the highs of the day as November options expired. The Dow Jones Industrial Average and S&P 500 again achieved all-
Above is my 3-
The October 21 spike rise above the 200-
The early autumn dive and rebound may have caused heads to spin. Those who become especially dizzy often get flushed out at market lows during Octobers. This may have caused a great many Baby Boomers (b. 1946-
Meanwhile, the Millennials (b. 1982-
Normally there must be an emotional component to set up a meaningful bottom. Fear of the spread of Ebola might have been that scare factor. That particular concern seems to have abated in America. Meanwhile, investors may have started to realize that the end of quantitative easing implies a steadily improving economy. But let’s not automatically credit or blame politicians, as some pundits are wont to do in hysterical fashion. The current intense polarization of political opinion often blinds Americans to what really matters for their investments. We as consumers, workers and business operators are collectively far more influential than government, which is usually more reactive than proactive. Let’s keep performing well for our own benefits and that of those around us. It’s a collective process, even though self interest may provide the spark. Enjoy your weekend.
DISCLAIMER: Our commentaries are provided as general information and not investment recommendations. You are responsible for your own investment decisions. Our opinions are based on historical research and data believed to be reliable. There is no guarantee that results will be profitable. We are not responsible for errors or omissions. We may hold positions in vehicles that are mentioned.
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