The Irrelevant Investor

JULY 1, 2015

On Monday, for the first time since October 2014, the Dow Jones Industrial Average closed beneath its 200-day moving average. Many people wonder what the implications for this might be. Do stocks bounce right here and if so, how long can we expect them to hold? The truth is that speculating on where they go from here is a shot in the dark so rather than guessing, I want to share some facts about what the 200-day moving average has historically meant for stocks.

Management 52

Management 52

Brown Advisory

JULY 1, 2015

Investment Perspectives | Sound and Fury. achen. Wed, 07/01/2015 - 16:45. Recent months have witnessed an unusual amount of speculation over when the Federal Reserve will finally begin raising interest rates. At times, it seems like this is the only issue on the minds of market prognosticators and TV’s talking heads. As shown in the chart on page 2, even the slightest hint of a possible move from the Fed can trigger a financial market reaction.

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Investing Investments Banking Economy 52

The Irrelevant Investor

JUNE 29, 2015

“It takes twenty years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” Buffett The S&P 500 just experienced its first negative two percent day since October 2014, when Ebola was the crisis du jour. Today, all but five of the S&P 500 stocks were down and just one component of the Nasdaq 100 was spared.

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