trading

trading

Saturday 6 February 2016

stocks down 3% for the month

We head into the weekend with stocks down 3% for the month.  This follows a bad January. In fact, the stock market is working on a fifth consecutive negative month. The likelihood, however, of it finishing down for February is very low.  It's only happened 18 times since 1928.  So the S&P 500 has five consecutive losing months just 1.7% of the time, historically.