Is the bull market about to perish? It's been a real scary month here in October. At the time of this writing we are down 6.0% in the Dow Jones Industrial average (NYSEARCA:DIA) and down 6.5% in the S&P 500 SPDR ETF (NYSEARCA:SPY) this month. The NASDAQ ETF (NASDAQ:QQQ) has been crushed, shedding 7.6% so far. Are we setting up for a real bearish end to the year despite all of the jubilant expectations that investors had heading into the fall? It may be too early to tell, but here are the facts. A large correction is what traders and investors are fearing after seeing the incredible fall in commodities. It started with precious metals, then coal and iron ore and now oil. They are all getting hammered. Demand in slipping. Profits are leveling in many sectors. But here is the icing on the cake. We have this whole Ebola situation that has markets spooked. While the former issues are simply the ups and downs of markets, the latter situation, Ebola, is causing irrational fear.
Ebola: Let's talk about the facts here
Let me wear my epidemiologist hat for a moment. I have been inundate with requests for how to......READ FULL ARTICLE
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Friday, October 24, 2014
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