Used with permission.
http://www.GilmoReport.com
It's a mad world
20 May 2012
The downdraft took on a life of its own last week, with the Nasdaq putting in an unusual four distribution days in a row, and bringing to mind the August downpour. As players left their desks Friday, and with August and May '10 in their memories, there was little expectation of the de rigueur bounce.
The worse the backdrop becomes, the more important it is to focus on just the market's reaction to the news, and not the news itself. At some point, all of the negative will be priced into the market, as the last person who wanted to get out will have gotten out.
It is then that a new advance filled with opportunities will emerge. The exact timing of when this will transpire is the least of our concerns. Because . . . To continue reading, please click here.
Fund Prices2024-03-28
Fund | Price | Day | YTD |
G | $18.15 | 0.05% | 1.05% |
F | $19.08 | -0.06% | -0.74% |
C | $82.21 | 0.11% | 10.55% |
S | $82.43 | 0.30% | 6.92% |
I | $42.57 | -0.24% | 5.95% |
L2065 | $16.38 | 0.02% | 8.37% |
L2060 | $16.39 | 0.02% | 8.38% |
L2055 | $16.39 | 0.02% | 8.38% |
L2050 | $32.73 | 0.01% | 6.95% |
L2045 | $14.91 | 0.02% | 6.58% |
L2040 | $54.38 | 0.02% | 6.22% |
L2035 | $14.34 | 0.02% | 5.79% |
L2030 | $47.67 | 0.02% | 5.38% |
L2025 | $13.15 | 0.03% | 3.43% |
Linc | $25.61 | 0.03% | 2.82% |