To understand the gyrations in the RegMed universe’s market! It might provide food for thought … and portfolio awareness.
US stock futures turned higher Wednesday, 9/28/11, so … stocks to open higher …again!
Futures on the Dow Jones rose 89 points to 11,209 and those on the S&P’s 500 stock index gained 10 points to 1,179.50. While the NASDAQ 100 futures climbed 15.75 points to 2,269.70. In Asia overnight, stock markets finished mixed, with Japan’s Nikkei Stock Average eking out a marginal gain.
Valuations in the RegMed universe are very extreme LOW, and stocks are cheap. Long-term investors should start focusing on these small-caps … Slowly!!
Short-term investors have taken a slightly different but dangerous approach … my nerves <constantly digging back> would have been shot! But, a nibble BUY could be the beginning … of a broader position!