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Blog posts of '2020' 'August'

August in Denial...
August in Denial...

Sell In May and Go away

So, the saying "Sell in May and go away" really did not apply for the Summer of 2020.  Markets in July and June saw all-time highs for all major indices.  And August was no different.

Historically, the monthly returns on the S&P 500 for August are usually low.  In fact, w...

Just a correction...
Just a correction...

Just a correction from February 19, 2020 market plunge.  Or was this the shortest bear market in U.S history?  In a market downturn, it is easy to switch on the panic button and visualize your investment dropping and whipping out your retirement plans.  But what is important is to understand what is...

Riding ever closer
Riding ever closer

to all-time highs...

With all the uncertainty with the global pandemic, U.S-China tensions, social unrest, and unemployment benefits expiration, the S&P 500 is already posting positive returns for investors in six of the last seven weeks.  Since its low on March 23, 2020, the S&P 500 is now up 50...

DOW is in the house!
DOW is in the house!

Look who just joined the party!

On August 6, 2020, the Dow Jones formed the "Golden Cross" when it's 50-day moving average (DMA) broke above its 200 DMA.  It now joins the S&P 500 and NASDAQ.  As most investors are keen to believe, this traditionally signals a bullish trend.  The DOW has not post...

July is in the books
July is in the books

Wrapping with July

and it looks like the stock market is still in favor of the Bulls.  If only so slightly.  There were many in the media who were ominous about a coming correction after the second-quarter gain in the S&P 500.  For this month alone, the S&P 500, Nasdaq Composite and Russell 200...