Over the past month the S&P 500 Index (and much of the rest of the stock market) made new price lows. So far, a pattern of “lower highs” and “lower lows” remains intact which is typical during declining stock market trends. The chart below at the far right shows where [...]
“If the United States is already in recession, how far might the stock market drop from the high to the low?” This question circulated in my mind for weeks, so I decided to do some research to see what I could find. Since history tends to repeat, I believe investors [...]
In my April 2022 update I introduced a new potential declining trend channel, identified by two downward sloping red-dashed lines. Over the next three weeks, the S&P broke down through the lower, red-dashed line as the stock market decline continued. Then, during the final week of May the market staged [...]
All BLUE LINE INVESTING® clients were provided with year-to-date, net of fee investment performance yesterday as of the May 23, 2022, market close. For reference and informational purposes only, I am providing the performance for three US stock market indices below. The first is the S&P 500 Index, the second [...]
Several months ago, Dale Gillham made the comment above while hosting me on one of his Talking Wealth podcast episodes. Ever since, I have wanted to write an article to illustrate its relevance. Today I will do so using the ARK Innovation ETF (Exchange-Traded Fund) that was launched in late [...]
