Remember that "sell in May and go away" nonsense you heard about a few months ago? In their best Italian accent, investors have simply decided to "fuggedaboutit." At least, that's what the numbers tell us, with the S&P 500
While annual performance has been solid, today looks like it will start off on the wrong foot following discouraging trade data out of China. Here's a snapshot of where futures markets stood as of this writing.
|Dow Jones Industrial Average||(53)||(0.4%)||13,085|
Change of plans
You know the saying, "A bird in the hand is worth two in the bush"? Yahoo!
Coke shares get sliced
Don't panic, but Coca-Cola
Be a Fool
Here's a question for you: When was the last time everything was hunky-dory in the headlines? Answer: Probably the last time anyone used the term "hunky-dory." The current rally in stocks shows just how irrationally markets can seem to behave, which is why investors can't let headline-driven fear take them out of the market entirely. Instead, a methodical, long-term approach to investing works best.
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Brenton Flynn owns no shares of the companies mentioned. The Motley Fool owns shares of Coca-Cola. Motley Fool newsletter services have recommended buying shares of Coca-Cola. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.