Friday, January 29, 2021
Markets experienced their worst loss in 3 months yet end mostly flat on the year. The Russell 2K is up 5%, the Nasdaq is flat and the S&P 500 is down 1%. This presents an excellent time to buy as this short-term retracement indicates that stocks are “on sale”.
INDEX | CLOSE (Fri 1/29/21) | %CHG WEEK | %CHG MONTH | %CHG YTD |
S&P 500 | 3714 | (-3%) | (-1%) | (-1%) |
NASDAQ | 13,071 | (-3%) | 0% | 0% |
DOW JONES | 29,983 | (-3%) | 1% | 1% |
RUSSELL 2K | 2074 | (-4%) | 5% | 5% |