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Dock Treece Good News Wednesday April 08, 2020
Good news Wednesday. Good news is in short supply but we'll take what we can get and that there is more good news that COVID-19 may be peaking is definitely good news.
Stocks were on the plus side until the last few minutes of trading when the DOW went negative and closed in the red.
Because of the shutdown there isn't much business news but I think this is a great time for investors to develop a plan of where to go from here.
The attached article is great food for thought.
Pull quote from the article, "…MARKETS RARELY CLEAR AFTER ONE MASSIVE DECLINE. IN 15 BEAR MARKETS SINCE 1950, ONLY ONE DID NOT SEE THE INITIAL MAJOR LOW TESTED WITHIN THREE MONTHS…IN ALL OTHER CASES, THE BOTTOM HAS BEEN TESTED ONCE OR TWICE. SINCE NEWS-FLOW IN THIS CRISIS WILL LIKELY WORSEN BEFORE IT IMPROVES, A REPEAT SEEMS LIKELY."
Stocks were on the plus side until the last few minutes of trading when the DOW went negative and closed in the red.
Because of the shutdown there isn't much business news but I think this is a great time for investors to develop a plan of where to go from here.
The attached article is great food for thought.
Pull quote from the article, "…MARKETS RARELY CLEAR AFTER ONE MASSIVE DECLINE. IN 15 BEAR MARKETS SINCE 1950, ONLY ONE DID NOT SEE THE INITIAL MAJOR LOW TESTED WITHIN THREE MONTHS…IN ALL OTHER CASES, THE BOTTOM HAS BEEN TESTED ONCE OR TWICE. SINCE NEWS-FLOW IN THIS CRISIS WILL LIKELY WORSEN BEFORE IT IMPROVES, A REPEAT SEEMS LIKELY."
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By 1370 WSPD (WSPD-AM)Good news Wednesday. Good news is in short supply but we'll take what we can get and that there is more good news that COVID-19 may be peaking is definitely good news.
Stocks were on the plus side until the last few minutes of trading when the DOW went negative and closed in the red.
Because of the shutdown there isn't much business news but I think this is a great time for investors to develop a plan of where to go from here.
The attached article is great food for thought.
Pull quote from the article, "…MARKETS RARELY CLEAR AFTER ONE MASSIVE DECLINE. IN 15 BEAR MARKETS SINCE 1950, ONLY ONE DID NOT SEE THE INITIAL MAJOR LOW TESTED WITHIN THREE MONTHS…IN ALL OTHER CASES, THE BOTTOM HAS BEEN TESTED ONCE OR TWICE. SINCE NEWS-FLOW IN THIS CRISIS WILL LIKELY WORSEN BEFORE IT IMPROVES, A REPEAT SEEMS LIKELY."
Stocks were on the plus side until the last few minutes of trading when the DOW went negative and closed in the red.
Because of the shutdown there isn't much business news but I think this is a great time for investors to develop a plan of where to go from here.
The attached article is great food for thought.
Pull quote from the article, "…MARKETS RARELY CLEAR AFTER ONE MASSIVE DECLINE. IN 15 BEAR MARKETS SINCE 1950, ONLY ONE DID NOT SEE THE INITIAL MAJOR LOW TESTED WITHIN THREE MONTHS…IN ALL OTHER CASES, THE BOTTOM HAS BEEN TESTED ONCE OR TWICE. SINCE NEWS-FLOW IN THIS CRISIS WILL LIKELY WORSEN BEFORE IT IMPROVES, A REPEAT SEEMS LIKELY."