Originally posted on TIME:
The uncertainty surrounding Greece’s ongoing debt crisis choked global markets on Monday, extending recent losses for the world’s stock exchanges. The Dow Jones Industrial Average closed the day down 350 points, or 2%. The S&P 500 dropped 2.1%, ending the day at 2,058 points. Meanwhile, the tech-heavy Nasdaq composite was hit…
Have you heard of the saying “sell in May and go away”? Traditionally, the period from May through October has been a time of weakness for stocks. By Michael Snyder On average stocks hit their lowest point of the year on October 27th. And most people don’t remember this, but the Dow Jones Industrial Average … Continue reading
“The Nasdaq has soared 285 percent, the S&P 500 is up nearly 210 percent and the Dow industrials have surged 172 percent since the market bottomed on March 9, 2009. That was when it looked like the world was ending and the stock market was little more than a black hole that countless dupes had … Continue reading