(C) Reuters. Stock Market Roller Coaster
In the last couple of commentaries and Monday’s webinar, we’ve discussed the current S&P 500 (SPY) environment which is particularly risky for growth investors. On the surface, indices are churning in a tight range and only down a couple of percentage points from their all-time highs. Yet, there have been sharp pullbacks in many pockets of the market which has led to severe pain for many growth investors. This has also posed a headwind for our portfolio, but we’ve managed to evade this damage by picking a handful of winners in sectors that have continued to trend higher. In today’s commentary, I want to discuss recent developments and why it seems like we’re going to be stuck in this range for longer. Read on below to find out why….(Please enjoy this updated version of my weekly commentary from the POWR Growth newsletter).
This Monday, we did our May Members Only webinar. If you missed it, please click below to watch a replay.
May Members Only Webinar
Stock Market Roller Coaster
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