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Tag Archives: Stocks and Bonds
Radar Report – 8.6.09
06
Aug 09
Dear New World Investor: The strongest markets consolidate by moving sideways with an upward tilt. The furious advance that drove the prior upturn flattens out, but all those who are waiting for a major correction to give them a second chance to get on board keep buying the little dips, so the big retracement never comes. By the end of July, the Dow Jones Industrial Average was up 4.5% for the year to date (YTD), and all the Dow Indices (Transports, Utilities) hit recovery highs, confirming a Dow Theory bull market signal. The S&P 500 was up 9.3% YTD, and...
Aug 09
