Monday, February 25th, 2008: Although the important Dow Industrials and S&P 500 haven’t dropped -20% off their October bull market peaks -- they’ve dropped -18.1% and -19.4% respectively, intraday peak to trough -- I continue to call the last four months the start of a new bear market. Indeed, 45...
FINALLY, YOUR CLEAN GREEN WEEKEND UPDATE Don’t forget about me, says the green clean business sector. Good point. Since the blow off top in the solar stocks and my resulting recommendation to take some profits in solar and clean green alternative energy stocks in general, I’ve stopped writing about this...
Posted to
Principles of the Stock Market
by
Richard Schwartz
on
02-21-2008
Filed under:
Filed under: Principles of the Stock Market, Richard Schwartz, Clean Energy, Green Energy, Value View, Investing Strategies, Green Investing, (HOKU), (PLUG), (CHCHF), Alternative Energy
I heard on CNBC yesterday that this January’s S&P 500’s performance was the worst start to a year, ever. I don’t know how to check that but I do know it was a very rough start, the S&P losing -6.12% . That’s much worse than the average monthly decline during past extended, big bad bear markets...
I continue to cut back my market exposure and recommend you do the same. Even cutting back in my favorite sectors because when we get into an economically-induced bear market, everything goes down eventually. So my past strategy has been to ride the strong groups as long as possible and then cut back...
The alternate, green, clean energy sector. TAKE SOME PROFITS! Looks like the alternate energy sector & its stocks are closely tied to the strength & health of the economy, even more so than the sector is tied to the price of oil. This close tie to the economy shouldn’t be any big surprise but...
TECHNICALLY . After yesterday’s fall, I now classify all the important indices as down below their previous correction lows of last August. That may be some argument about my interpretation since I use the closing lows. If one uses the extreme intraday lows of August 16 th -- remember when the Fed turned...
HOW TO INVEST IN A BEAR MARKET ? Obviously that’s the new, emerging question to focus on. Especially if you agree with me that the primary trend of stock prices has turned down. I boldly wrote back on November 8 th that we had entered a bear market and after a month I still feel that way. So how and...