Investment & Finance Thread (June 1 edition)

 

 

Big news this week: stock prices are officially in an IBD 'uptrend' as of last Tuesday night!   We can see it on the plot to the left (click on it to enlarge).

OK, so we all can see that if we'd have sold on the 'uptrend' announcements and bought on the 'corrections' this year we'd be better off, but imho that only proves we're in a goofy backwards market.  That's good; first, because now we know it's goofy, and second because we all need more entertainment in our daily lives.

In the meantime let's all memorize the eleven cognitive bias's posted last week (hat tip to Osage).

 

This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here and tomorrow morning we'll go on with our--

Open invitation continues always for idea-input for the thread, this being a joint effort works well.   Keywords: financial, WallStreet, stockmarket.