FYI: Your favorite stock; see if it's a buy, sell or hold opportunity
My buddy Ryan Detrick shared the below at LPL Research and I wanted to make sure you’d seen it.
An illustration like this makes you wonder why so many people choose to focus obsess on the incidences of negative returns in a given year (boxes left of center). The red boxes don’t represent negative years for stocks, just years in which a recession occurred. You’ll be surprised to find some green years (economic growth) having down-stock market performance and some red years with gains. It’s counterintuitive but so is a lot about the interplay between markets and economics.
Regards,
Ted
http://thereformedbroker.com/2016/12/23/chart-o-the-day-the-tree-of-stock-market-returns/
