June tends to be a very dubious month for stocks. It has had some good years and most of the time, bad years.
The move higher this morning at the start of June leaves to question where the month could end. With the S&P at 2110, how high could the S&P go before it runs out of steam?
We are sitting close to the all-time highs from May 2015 but on lower corporate profits which means the price to earnings ratio, which is the ultimate measure of valuation, is a bit higher now than it was in May 2015.
Can stocks run a lot higher or just a bit higher? For those investors who believe in consistent profits, are there ways to stay invested while at the same time staying protected. Indeed there are and this style of investing is why no matter what the market is doing, I am comfortable with my portfolio.
Quick Comments – June 6 2016
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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