How High Can Stocks Go
Despite concerns about stocks being overpriced the markets keep going higher and higher. And that means stocks all over the world are going up. Every time this sort of market euphoria occurs it is eventually followed by a day or reckoning. Market Watch writes that the recent breakout in stocks should not be trusted and cites three potential black swans. Black swans, by the way, are unpredictable or unforeseen events. They discuss this issue after nine global stock indexes have topped out at the same time.
There have been 39 times when each of those nine indexes has closed at multiyear […]
The Dow Jones Industrial Average, S&P 500 and NASDAQ are all at or near all-time highs? The question for those on the sidelines and wishing to invest it just how high can stocks go? Markets as of April 10, 2013 Dow Jones 14,753.17 +79.71 (0.54%) S&P 500 1,578.74 +10.13 (0.65%) Nasdaq 3,270.91 +33.05 (1.02%) In […]