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BMM ArticlesA Wealth of KnowledgeVideo GalleryThe Retired Advisorwith Bill Schmick

Tag: rally

June begins with a significant rally. What’s next?

June 6, 2022 by Allen Harris

In last week’s Capital Ideas column, I reminded readers that I had been betting there would be a “rip-your-face-off” rally after May 22, 2022. One week does not a rally necessarily make, but the week after that column was published, the S&P 500 spiked 6.58 percent. That was the 53rd rally of 5 percent or more for the index since World War II (1945). Let’s be clear — I ain’t bragging. There’s way more luck in this line of work than I’d like to admit. The best I can do, at times, is to work hard enough to get lucky sometimes….

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Tic Tac market

June 24, 2020June 24, 2020 by Allen Harris

  Dalton — The stock market often does whatever it must to frustrate the most people possible. Remember the other day, on June 11, when the stock markets dropped more than 5%? Yeah, no. Nobody does. One day, the world is ending, the following week and half and nobody remembers nuthin’. Not only was there little follow-through selling to the June 11 crash, but buyers stepped in to gain control of the action. At the time, I thought that might be the first 5% of an 8-16% decline, but absent a resurgence of COVID-19 that could keep businesses closed, we…

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Berkshire Money Management, Inc.
161 Main Street, Dalton, MA 01226
322 Main Street, Great Barrington, MA 01230
(413) 997-2006 | (888) 232-6072

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