The recently ended March quarter was one filled with all sorts of things, including harsh winter weather, political issues, the 2014 Winter Olympics, as well as weaker-than-expected guidance from a number of companies earlier in the quarter. All of that weighed on the stock market during the quarter, with most of the major market indices in the red in late January.
The market rebounded in February and March, but during the last few weeks, most of those market gains have been erased. As we closed the books on the March quarter and opened those for the June one, the Dow Jones Industrial Average was down, while both the S&P 500 and the Nasdaq Composite Index were up modestly. During this roller-coaster ride, several sectors, including housing and related industries, biotech, technology and healthcare companies, all took it on the chin.
One of the dangers individual investors face is being caught, if not trapped, in the headlines — and that often leads to paralysis.
Read more about what the March quarter results mean for the June quarter at Eagle Daily Investor.