We May Be Getting Closer to the Bottom

The current decline has put the S&P 500 index on pace to experience an unusually bad month. Through yesterday’s close, the large-cap index was down 10.6% on a month-to-date basis. This ranks as the 27th worst calendar month, according to @OddStats. It also makes this month the toughest since February 2009, when the S&P 500…

 

AAII Survey: Recent Market Volatility Has Done Little to Change Investors’ Outlook

The last few weeks have offered an interesting ride for U.S. investors. The Dow Jones industrial average logged its two biggest single-day point drops. The Dow and S&P 500 index entered “correction” territory, both having fallen at least 10% (on an intraday basis) from their most recent highs. Yet, as of Friday’s close, the Dow…

 

Investors’ Cautious Optimism Driven by Prospects of Tax Reform

The number of articles being written about the “dangerous” levels of the U.S. stock market is coming at an ever-increasing rate. And perhaps, for good reason. The Dow Jones industrial average has notched 42 all-time highs in 2017, the S&P 500 index has booked 37 records, while the Nasdaq has ended at a record 49…

 

Majority of Readers Worry About Market Downturn in Coming Months

Since early November, U.S. stocks have been on an upward trajectory. Between the close on Tuesday, November 8, 2016, and the close on Friday, July 21, the S&P 500 has seen a price gain of 15.6% (excluding dividends). Tech stocks have fared even better, as the Nasdaq Composite has logged a 23% gain over the same…

 

AAII Asset Allocation Survey: Equity Allocations Fall to Three-Year Low

Equity allocations among individual investors declined to a three-year low last month, according to the February AAII Asset Allocation Survey. At the same time, individual investors boosted their cash allocations to a three-year high. Fixed-income allocations were slightly lower. Stock and stock fund allocations fell by 1.0 percentage points to 61.5%. This is the smallest…