Weekend Investment Reading – Stock Market Rally is Over

It sure seems that way. From the beginning of March, all major indexes have rallied for 30%+ when we found out that the world wasn’t going to end and hopes that there will be economic recovery. However, news are starting to come out that maybe we aren’t going to have a “V-shaped” bottom. Without a catalyst for the market, the least path of resistance seems to be down. If you are a long term investor though, keep adding to your portfolio since it doesn’t matter what the market does but if you are a trader, it sure seems like the safest way to play this market is to sit on the sidelines.

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