Many Reasons to Sit on the Sidelines
It wasn't easy staying on the sidelines when indices soared Wednesday. Growth names were surging left and right, outperforming the market. But Thursday's late-session weakness, and another soft open Friday, tells me that cash still isn't a bad place to be.
After the People's Bank of China cut a key interest by 25 basis points early Thursday, U.S. stocks popped at the open but a wave of selling came into the market late in the day....424 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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