Wall Street Strategies
Hello! Sign in or Register


Afternoon Note

A Sea of Red

By WSS Research Team
8/21/2015 2:12 PM

Many stocks are in bear market territory and the major markets are in or near correction territory as we have broken below key support levels.  Having said that, we are overdue for a bounce and the S&P is trying to mount a bit of a comeback, but is far from in the green.

There are going to be amazing buying opportunities and we are putting together our list.  We are going to hold off on a new position this afternoon and see how things act going into the close and over the weekend.

Have a good weekend.


Comments
Today I talked to a financial advisor....We are tired of all this market negativity....Being 70 and needing cash to grow to combat inflation hit me between the eyes.... Reality kind of stings.... My risk tolerance is a stumbling block and professional help was needed....A big load off my mind....Bless them....

Lacy on 8/21/2015 3:43:41 PM
RE: Inflation ...what inflation? There has been no significant inflation in a decade. In fact, next January, Social Security / Federal & Military retirees will receive ZERO "Cost of Living Adjustments" because there is no significant inflation!!

Bob S on 8/22/2015 1:32:34 AM
 

Log In To Add Your Comment


Home | Products & Services | Education | In The Media | Help | About Us |
Disclaimer | Privacy Policy | Terms of Use |
All Rights Reserved.

 

×