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Stocks Spike Back to the Front

A huge down month for stocks in January was followed by a big rebound in February, and now itâ??s March, and the first two trading days of the month were reminiscent of the first two months.

A huge down month for stocks in January was followed by a big rebound in February, and now itâ??s March, and the first two trading days of the month were reminiscent of the first two months. Equities got slammed on Monday after tensions flared up in the Ukraine. Then on Tuesday, the market rebounded mightily as those tensions were dialed down several notches.

The result of the action in the markets on Tuesday brought stocks back up to new all-time highs, with the S&P 500 closing at a record high of 1,873.91. The index now is way back above its 50-day moving average, a mark it fell below in mid-January. The broad measure of the domestic equity market remains firmly ensconced above the 200-day moving average.

Read more about how the market action of 2014 so far points to future performance at Eagle Daily Investor.

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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 Hulbertâ??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.

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archive

Stocks Spike Back to the Front

A huge down month for stocks in January was followed by a big rebound in February, and now it’s March, and the first two trading days of the month were reminiscent of the first two months. Equities got slammed on Monday after tensions flared up in the Ukraine. Then on Tuesday, the market rebounded mightily as those tensions were dialed down several notches.

The result of the action in the markets on Tuesday brought stocks back up to new all-time highs, with the S&P 500 closing at a record high of 1,873.91. The index now is way back above its 50-day moving average, a mark it fell below in mid-January. The broad measure of the domestic equity market remains firmly ensconced above the 200-day moving average.

Read more about how the market action of 2014 so far points to future performance at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

TRENDING NOW:

Global Elites Started The Russia Nonsense.

U.S. POLITICS

Trump Puts British Intel Under Spotlight: ‘I Hope [Barr] Looks at the UK… I May Talk to PM…’

FOREIGN AFFAIRS

Kassam Banned From Facebook on UK Election Day.

TECH

American Catholicism: The Retrograde’s Intellectual Tradition.

CULTURE

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