FYI: The S&P 500 is down nearly 7% from the all-time high it reached on the last day of April.
This correction has taken the year-to-date numbers from a gain of 18% and change to a gain of nearly 11%.
A gain of 18% felt pretty good four months into the year but double-digit gains through the end of May aren’t too shabby either.
But investors don’t care about the numbers they care about the trend. And the current trend is down.
I hate to be that guy but…get over it.
This is what happens in the stock market.
Regards,
Ted
http://awealthofcommonsense.com/2019/06/just-the-facts-about-market-corrections/
