Separating the Bargains From the Busts
I've heard many people judge the market by the 700-point drop in the Dow since the U.S. elections ended. Somehow it has become easy to blame the drop on that event. Perhaps a 100%-plus advance in equities in the past four years against the backdrop of slow economic growth and unprecedented monetary stimulus may also be forces to blame.
In any event, since I am very poor at timing markets, I simply use times like this to watch oversold names and moves by big-name investors. While Mr. Market is taking a little vacation, what better time to take a step back and pay a little less attention to headlines and more attention to prices? ...447 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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