FYI: In a world that seems increasingly black and white, investors need to remember the market exists in shades of gray.
Don’t take my word for it. Just look at the returns for the major market indexes this past week. It was a bad one for the Dow Jones Industrial Average, which lost 246.53 points, or 0.9%, to 26,573.72, and a less bad one for the S&P 500, which declined 0.3%, to 2952.01. The Nasdaq Composite, however, finished up 0.5% at 7982.47, ending a two-week losing streak. Talk about shades of gray.
Regards,
Ted
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