The Wuhan coronavirus continued to spook the markets. Today is the 5th trading session since the virus was confirmed in the USA. The S&P 500 was down over 1.5% today and nearly 2.6% since the virus was detected in the USA. How does this compare with past viral hysteria? The Ebola outbreak of September 2014Continue reading “Wuhan Coronavirus Hysteria…buying opportunity?”
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Sell in May…miss a record HIGH
The old Wall Street adage, “Sell in May and go away,” was a little off this year. The May downturn presented an excellent buying opportunity. Thursday the S&P500 posted a new record high. Will it hold? I think that depends on what kind of “happy talk” comes out of the upcoming G20 meeting, especially betweenContinue reading “Sell in May…miss a record HIGH”