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Follow this link to an excellent Forbes article summarizing the stock market for the second quarter. It gives good insight into what has been going on in the overall market especially with regard to market sectors. I like quarterly reporting because it gives just enough market information to be aware of larger trends in the market. They are not so short as to be subject to daily or weekly moves yet not so long that the trend is over before you become aware of it. Since quarterly reports only come out four times a year reading them does not require much time. You may want to bookmark the Forbes site and make a note on your calendar to read next quarter’s report in early October. (Isn’t it interesting to ponder what it will say?) As witnessed by the strong oil market trends frequently last for several years allowing plenty of time to get in on the larger ones by investing in a related ETF or sector mutual fund.
Enjoy the July 4th Holiday!