Connect with us

archive

A Welcome Calm

I‚??m actually welcoming the recent calm in stocks, as I think the pendulum swung a bit too much in both directions so far this year.

The financial markets have been relatively calm during the past week or so. Even though stocks in the S&P 500 Index broke out to new highs intraday on Monday, there hasn‚??t been much real trading volume pushing the market in either direction.

So far in 2014, the broad-based measure of large-cap domestic stocks is just slightly in the green. Even after the big down month in January, and the subsequent rebound in February, we are right about where we were at the beginning of the year.

I‚??m actually welcoming the calm here in stocks, as I think the pendulum swung a bit too much in both directions so far this year. Of course, we are liable to see many more big swings in the markets this year, especially if the economic data continues to come in mixed. We are going to get several data reports next week, including the all-important jobs report next Friday, so until then I expect the calm mood to continue.

Read more about what last week’s calmness means for the market going forward at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Doug Fabian is the editor of Successful Investing and High Monthly Income, and is the host of the syndicated radio show, "Doug Fabian's Wealth Strategies." Taking over the reigns from his dad, Dick Fabian, back in 1992, Doug has continued to uphold the reputation of the newsletter as the #1 risk-adjusted market timer as ranked by Hulbert‚??s Investment Digest. For more than 30 years, Successful Investing (formerly the Telephone Switch Newsletter) has produced double-digit annual gains. Doug has become known for his expert knowledge and timely use of innovative tools like Exchange Traded Funds, bear funds and Enhanced Index funds to profit in any market climate.

Advertisement
Advertisement

TRENDING NOW:

Google Anti-Conservative Political Bias Google Anti-Conservative Political Bias

Google Admits It Wants to ‘Prevent The Next Trump Situation’

TECH

The New Aylan Kurdi.

U.S. POLITICS

Drag Queen Reading Hour Can Be Stopped.

CULTURE

Trump Didn’t Start the Fire: Iran Has Craved War for Decades.

FOREIGN AFFAIRS

Connect
Newsletter Signup.

Sign up to the Human Events newsletter