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2013/07/01

6 Down, 6 To Go

Monday, July 1, 2013

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6 Down, 6 To Go

 

by Rob Goldman

 

 

It's hard to believe that we are already halfway through 2013. Before you know it, we'll have back-to-school sales, Halloween, Thanksgiving, etc. Still, I think most of us are grateful that at least the second quarter is over, given the volatility of late.

 

Goodbye June. Hello July. 

 

We have talked frequently regarding the psychology behind investing and how it impacts how we act, react and ultimately perform. To that end, I contacted three friends in the business who I know have had difficulty dealing with the volatility and moreover the poor performance of most microcap stocks. After completing some idle chitchat, I asked them to answer the following question:

 

As of right now, the Russell 2000 Index is around the 980 mark. Where was it on March 31?

 

To read more click here >> or visit http://www.thestockjunction.com

 

Take Off For A Week

 

by Rob Goldman

 

 

If you ever felt you needed to walk away from the stock market for a while to clear you head and relieve some of that investment-driven anxiety and tension, now is the perfect time.  Starting Tuesday afternoon, volume, activity and general interest in the market will begin to wane. After all, Thursday is Independence Day and the market is only open for half the day Wednesday and many people will take off Friday as well.

 

Truth be told, from time to time, some bargains can be found on days like next Friday. Still, prior to that day, we suspect market watchers will begin to concern themselves with quarterly earnings, although volume should be lighter than normal. 

 

Of course, this is a major departure from the monetary easing news-dominated market we have experienced over the past couple of weeks. You're probably still scratching your head wondering why the market has enjoyed two straight big up days following a 25% reduction in the final tally for Gross Domestic Product (GDP) for 1Q13. Doesn't that mean slower growth? Isn't that a bad thing?

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

 

 


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