The Lovable Loser

The market has suddenly found itself in an uncharacteristically losing way. The S&P 500 Index has now fallen for nine consecutive trading days and counting. The current string of trading declines represents the longest losing streak for the benchmark index in more than 35 years dating back to 1980. Stocks have shed 3.1% of their value in the process. This raises some understandable questions. What is the cause of the recent losing streak? How long is it likely to last? And do we have any reasons to start thinking about loving this sudden loser as a developing buying opportunity?

Please click on the link to read more of my article on Seeking Alpha.

Published by Eric Parnell

Registered Investment Advisor

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