Thursday, March 26, 2020; 10:25 am CST
Our main indicators were completely “washed out” from intense selling pressure over the last several weeks. We saw market declines that were historic in nature.
Now, a week later they’re incredibly positive.
We have to remember the stock market discounts the future. The Good, The Bad and The Ugly is “priced in” using a global auction marketplace.
The Russell 2,000 which recently traded at $96 per share, also traded at that level in May 2013. Years of gains wiped out in a few short weeks. Two thousand of the best, most entrepreneurial companies in America lost approximately 44% of their market value peak-to-trough. Those companies also pay an annual dividend income 132% GREATER than “safe” US 10 Treasury notes. (1.90% vs. 0.816%)
I could list the top 25 or 50 companies but other than 2 or 3, you’ve likely never heard of them. Emotionally frightened “bad” investors are BEGGING us to take these companies off their hands at 2013 prices.
Click Here to Read More! https://conta.cc/39hxaD3