Historically, much of the stock market’s upward moves are concentrated in a relatively small number of market days. Thus, Wall Street’s conventional wisdom reasons if you want to maximize your returns, you must stay in the market so that you don’t miss the good days. They reason that if you try to actively manage your…
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Before getting into our main topic for today, the Labor Department reported this morning that the unemployment rate for October edged slightly lower to 9.0% from 9.1% for the previous three months. The report noted that non-farm payrolls climbed by 80,000 last month, more or less in line with expectations. We need monthly job creation…
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