2007-04-25 09:31:09 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
because the earnings of the companies are really that good. But that is also why you put stops in your portfolio so if it falls you'll still make money.
2007-04-25 09:34:40 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Both the NASDAQ and the Dow Jones had a correction in late Feb (almost 10%), so the current rally started in early March, and it exceed the Feb high. This is normal.
This is a good market behavior when the companies profits are going up. However, keep following the markets and stay on the lookout for signs of the market getting over-extended. For example, if the economic news are neutral or negative and the markets continue to go up: I would be careful and carefully place stops so that my stock holdings are sold-off if they fall too much.
2007-04-25 22:05:01 · answer #2 · answered by The Goal Interceptor 2 · 1⤊ 0⤋
Year to date, the market has gone up 60% of the days. This doesn't seem unusual to me.
2007-04-25 16:37:07 · answer #3 · answered by Ranto 7 · 0⤊ 1⤋
A rising tide lifts all ships
2007-04-25 16:34:50 · answer #4 · answered by mukwonago53149 5 · 1⤊ 0⤋
we r in bull market
2007-04-25 16:36:58 · answer #5 · answered by mars101_2000 3 · 1⤊ 0⤋