All of the short term AND long-term indicators I follow have now turned negative. All of ’em. Including the S&P 500. What’s that mean? Well, the S&P 500 Index is simply the 500 largest stocks in the US. And, basically, 70% of all money in mutual funds sits in the same 500 stocks. That’s a… [Read More] All Indicators Turn Negative in Down Markets
Think you would you be HAPPY earning less than 1% a year on your money? Many people are…and you might be one of them! Look in your retirement plan, or 401k at work. Say we invest it in the S&P 500 Index at the end of 1999. Leave it there. You’re supposed to be a… [Read More] Is Your 401k Earning Less Than One Percent?
Roughly 70% of all stock mutual funds invest in the exact same 500 stocks. These are the stocks in the S&P 500 Index. Seven years ago (Jan. 2000), the S&P 500 stood at 1400. Know where the S&P 500 is today? Go ahead, take a look. It’s 1422. The S&P 500 is a “weighted” index… [Read More] What stocks are working now?