livesinhiscar

Can a Stock Market Meltdown Happen from Here?

The point of maximum pessimism has passed.
So many people are caught off-side now wishing and praying for a pullback that the market simply will not oblige them.
The maximum pain will be for the market to continue its rise.
Consider this, if a stock falls from 50 to 5 and then rises to 7.50, everyone goes on and on about the masssive 50% increase off the bottom...it just has to pull back after such a massive 50% increase.
Well, no it doesn't.
Don't let the mathetatics of percentages fool you.

IYK: Consumer Goods Offer Value for Investors

Also consider the Global ETF version - KXI
There are lots of great consumer staples companies outside the US as well.