Peter Hodson offers five thoughts to help ensure you are not selling at the exact bottom of this market cycle. Read more.
Whether your stock went up or down yesterday, chances are , the company you own is richer than it was yesterday.
Think of that when one of the stocks you own declines. The stock is down, but cash may be up. It is a calming mantra in tough markets.As they say, there is always a bull market somewhere. For example, Biogen Inc., a health-care company that recently came out with good data on a later-stage Alzheimer drug trial, soared nearly 40 per cent on the Nasdaq, adding US$15 billion to its market capitalization.
. This was exemplified this week, with the S&P 500 rising nearly six per cent in the first two days of the week. Investors holding cash did not go up, and investors short the market are now in a big hole for the week.