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Monthly Archives: October 2020

S&P 500 closes slightly higher despite surge in Covid-19 cases

When things are going well and prices are high, investors rush to buy, forgetting all prudence. Then, when there’s chaos all around and assets are on the bargain counter, they lose all willingness to bear risk and rush to sell. And it will ever be so. – Howard Marks The stock market was able to […]

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Stocks surge on stimulus bill hopes, treatments for virus

The investor who permits himself to be stampeded or unduly worried by unjustified market declines in his holdings is perversely transforming his basic advantage into a basic disadvantage. – Benjamin Graham The Dow Jones Industrial Average rose for the second consecutive week as investors remained hopeful that another economic relief bill would be passed and […]

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S&P 500 snaps four-week losing streak on positive economic data

Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, patience and perseverance. – John Bogle The S&P 500 Index snapped its four-week losing streak last week and the Dow Jones Industrial Average and the Nasdaq Composite Index also advanced despite a continued stalemate in […]

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