In July, Investors Were Guests at the Market’s “Red Wedding”

In July, Investors Were Guests at the Market’s “Red Wedding”

In July, Investors Were Guests at the Market’s “Red Wedding”

Bysilveristhenew|PublishedAugust 2, 2015

wallstreetexaminer.com / by  / August 2, 2015

This is a syndicated repost courtesy of Money Morning. To view original,click here.

The simultaneous blood baths in commodities and U.S. stocks continued in July but failed to penetrate the skulls of U.S. stock investors who continue to allow themselves to be brainwashed into believing that they can only make money by owning an overbought market.

The S&P 500 (INDEXSP:.INX) recovered all of its June losses, gaining 2.1% in July including 1.2% last week to close the month at 2103.92, not far off its record closing high of 2,134.72. The index is now up 2.2% (excluding dividends) for the year.

The Dow Jones Industrial Average (INDEXDJX:.DJI) is showing greater recognition of the troubled state of the world. And after last week’s 0.7% gain to 17,689.86, it is down -0.7% year-to-date.

The Nasdaq Composite Index (INDEXNASDAQ:.IXIC), powered by stocks such asAmazon.com Inc. (NASDAQ: AMZN), Facebook Inc. (NASDAQ:FB), Netflix, Inc.(NASDAQ:NFLX) and other biotech and social media names, is outpacing the other indices with a year-to-date gain of +7.6% after adding 0.8% last week to close at 5128.28.

At this point, investors can no longer ignore the fact that the knives are coming out…

READ MORE

The post In July, Investors Were Guests at the Market’s “Red Wedding” appeared first on Silver For The People.

View this article:

In July, Investors Were Guests at the Market’s “Red Wedding”

See which stocks are being affected by Social Media

Share this post