Categories: U.S. Investing

Stocks Fall to Open Year for First Time Since 2008

Stocks Fall to Open Year for First Time Since 2008 (Bloomberg)

Following 2013’s sizable gains, stocks fell today, marking the first time the S&P 500 has fallen in a year-opening session since 2008. “More people seem to be wary, as we are, of potential corrections as markets get overexcited,” Oliver Wallin, investment director at Octopus Investments Ltd. in London, said. “The question is just when to time it. A lot of people are willing to continue in this rally but are nervous at the same time. We’ve got one eye on the exit but we know there is money to be made in the short term.”

Daily Data Flow

Recent Posts

The Most Hated Adage on Wall Street

“There’s more wisdom in your book than four years of college education!” -- Subscriber Back…

7 hours ago

ETF Talk: Being Prepared for Anything with an Insurance ETF

There is a famous saying that has been floating around the internet regarding the “Five…

1 day ago

May Day, Reimagined

Today is May 1, a day that’s also known as “May Day” in many countries…

1 day ago

10 Reasons to Day-Trade with Mentors in a Virtual Room

Ten reasons to day-trade with mentors in a virtual room highlight why now is a…

2 days ago

Rising Commodity Inflation Will Pressure Fed to Keep Rate Cuts on Hold

Last year’s fourth-quarter downtrend for inflation looks to have bottomed out at just under the…

3 days ago

Intrinsic and Extrinsic Value – Options Trading

The intrinsic and extrinsic value of an option make up the total value of the…

3 days ago