Pick Investment Period And Strategy - Weekly Blog # 737

Mike Lipper, CFA
1.18K Followers

Summary

  • Last week’s CPI numbers shocked some market participants, but really shouldn’t have shocked those who’ve visited retail locations.
  • Bullish traders could be overjoyed by Friday’s price action, which showed a considerable increase in volume. They will look at the result as a successful test of an earlier low price.
  • During the coming week, the Fed will have its scheduled rate-setting committee meeting. Prior to Friday’s price decline, it was generally expected to be a 50-basis point interest rate increase. This may happen, although the key for the market is not the rate but the issued statement.

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This is the 737th blog which shares my thoughts on different investment periods and strategies. They are different from each other and are partly triggered by Friday’s US stock market decline, which in the extreme took 10% off

This article was written by

1.18K Followers
A. Michael Lipper is a CFA charterholder and the president of Lipper Advisory Services, Inc., a firm providing money management services for wealthy families, retirement plans and charitable organizations. A former president of the New York Society of Security Analysts, Mike Lipper created the Lipper Growth Fund Index, the first of today’s global array of Lipper Indexes, Averages and performance analyses for mutual funds. After selling his company to Reuters in 1998, Mike has focused his energies on managing the investments of his clients and his family. His first book, MONEY WISE: How to Create, Grow and Preserve Your Wealth (St. Martin's Press) was published in September, 2008. Mike’s unique perspectives on world markets and their implications have been posted weekly at Mike Lipper’s Blog since August, 2008.

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