Category: Investing for Retirement

May 2020 saw the DOW rise by 1660 points. April had a similar gain giving us a two month uptrend. I made a few trades in May. Three of them in my IRA account. With interest rates so low, I moved some money into a consumer staple and a gold

This month was another roller coaster ride in the stock market. There was some improvement in the middle of the month as Trump’s team used every trick available to prop up the markets. News of States reopening some businesses and people starting to receive their stimulus checks also helped. Early

With the pandemic raging in the US this past month the DOW dropped by 18%. The estimates are that the virus could infect over 10 million in the US resulting in a quarter million deaths. As of April 4th the US has 226k confirmed cases. These are some scary numbers.

Yesterday the Fed dropped interest rates to zero. I knew this was coming, but I didn’t think it would happens so soon after a rate cut only a few weeks ago. You would think that this would make stocks go up. But, in the short term, the opposite is happening.

In the last week of Feb. 2020 the Dow dropped 4000 points. That’s about a 14% drop from the high earlier in the month. The Cronavirus put an end to any hope of making money in the stock market this year. While many experts claim that we were due for

Financially the month started out great. But news of the corona virus put the markets in a downward trend. The few trades I made this month were the result of the virus reports. I sold Intel (INTC) just before their earnings report. I should have waited until after earnings because