Investment Strategy: After a really tough first 6 months of the year, the stock market has been in rally mode, rising over 9% within the last 30 days. It’s left investors anxious to participate in the rally to recapture the losses that were incurred in the first half of the year. Our guidance to clients, while there are plenty of bobbing heads on TV talking about “buying the dip” and trying to call the “bottom” in the market, this could very well be what we call a “bear trap”. A bear trap is a short-term rally that baits investors into thinking the market has bottomed only to find out that they fell for the trap, and experience big losses when the market retreats to new lows.
Contact Michael Ruger with Questions: 518-477-6686 or [email protected]
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