Wednesday, March 31, 2010
First Quarter
The quarter that ends today marks the first 1st quarter in 3 years where the broad stock market has shown gains. The S&P 500 Index is up almost 6% for the quarter and the smaller stock indices are up more than that. The NASDAQ Index has been up for 4 straight quarters. From the March 9,2009 lows the S&P is now almost 73% higher. Sadly, many investors have missed this and stayed on the sidelines waiting for the "right " time to buy.