The stock market has gotten off to a rocky start as investors are wondering “have we come too far too fast?” The answer is most likely, “yes.” However, we do believe that after a correction, stocks should continue to work higher. It is also interesting to note that bear market selloffs are fast and furious while the climb is steady. With the Dow down 190 as we write this, it appears as if we are seeing a bear market selloff rather than the end of this bull market. Time will tell.
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Commentary for June 15, 2009
Monday, June 15th, 2009
| « A Lesson From The Recent Past | Commentary for June 23, 2009 » |
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Please note that all data is for general information purposes only and not meant as specific recommendations. The opinions of the authors are not a recommendation to buy or sell the stock, bond market or any security contained therein. Securities contain risks and fluctuations in principal will occur. Research any investment thoroughly prior to committing money or consult with your financial advisor. Please note that Fagan Associates, Inc or related persons buy or sell for itself securities that it also recommends to clients. Consult with your financial advisor prior to making any changes to your portfolio.
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