CI Market Dashboard

We have put together a collection of market indicators and track them to help you gauge the direction of the market.


CI Analysis Worksheets

Interactive analysis templates covering DuPont analysis (return on equity), valuing stocks the Warren Buffett way, and more to come.


CI Blog Feed

Happy Thanksgiving!
posted 1 day ago by Wayne Thorp

What is Apple Pay Anyways?
posted 1 day ago by Jaclyn McClellan

Rapoo E9180P Wireless Keyboard with Touchpad
posted 3 days ago by Hareesh Jayanthi

New Confirming Bearish Signal from Market Dashboard
posted 6 days ago by Wayne Thorp

Active Trader Magazine is No More
posted 7 days ago by Jaclyn McClellan



Computerized Investing > July/August 2008

Editor's Outlook: The Bear Days of Summer

PRINT | | | | Add your comment! | A A   Reset

by Wayne A. Thorp, CFA

Seemingly to add insult to injury, one of my daily E-mails from a local market research firm informed me recently that we are, officially, in a bear market. By their calculation, the Dow Jones industrial average was down 20.3% as of the close of July 3 from its October peak. While they tried to cheer me up by pointing out that the S&P 500 was down only 19.3%, that index didn’t want to be left out and its decline on July 7 took it down 20.5% from its October high. So, it seems that “dog days of summer” have been chased off by the bears.

During such downturns in the market, many investors prefer to bury their heads in the sand to avoid the bad news. Up or down, rain or shine, it is a good idea to have some idea how your portfolio is performing. For this type of casual observation, an on-line portfolio tracker—such as those covered in Cara Scatizzi’s in-depth comparison article in this issue—will do quite nicely. Such services are not intended to replace more full-featured portfolio management software, which usually handle investments that are more complex and aid in income tax filings. Instead, on-line portfolio trackers allow you to monitor things on a day-to-day basis. Many even allow you to receive E-mail alerts regarding important news events that may be driving a stock’s price. For more information on these services, click here.

Beesoft’s ProTA & ProTA Gold

...To continue reading this article you must be a Computerized Investing Subscriber.

Gain exclusive access to this article and all of the benefits and investment education a Computerized Investing subscription offers.

SUBSCRIBE TODAY for just $24.
Log in
Already a CI subscriber? Login to read the rest of this article.

Subscribe
A subscription to Computerized Investing includes a monthly email and access to the CI Website, all of which aim to benefit your investing skills with respect to computers and the Internet.

  


Discussion

No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In