Yes January 2016 was a bad month for the stock market and FBIOX did not do well at all but I will continue to buy more for mysef and the company I work for. Randomly I selected two articles worth reading. One by Jane Bryant Quinn in the AARP Bulletin January-February 2016 entitled "Retirement Mistakes". One mistake according to this article is to avoid stocks. According to this articles during the next 10 to 20 years American businesses will grow and their stocks will too. It further states that bonds and cash will only take you through your first retirement years and you need stocks to support you for the second half of your retirement. The second article was in the Chicago Tribune today. On a daily basis I read Washington Post, New York Times, Wall Street and Chicago Tribune. Well this article by by Gail Markesjarvi talk about a bad January which does not necessarily manifest itself into a bad year. For example in January 2009 the S & P lost 8.6% and every tom #$%$ and harry was predicting doom and gloom. But by March 2009 the stocks climbed sharply and ended the year higher by 23%. So don't listen to the like of Schiff and Robert Schiller and Ebarian or Nurul Rubbani because the fundamentals are strong such as low PE, great balance sheets, with lot of cash , high confidence, positive GDP, great retal sales and earnings, low PE, low inflation, low fuel cost, low unemployment and on top of that an election year and the last year of a second term president.
The investment firm where I am the head has just received the January'2016 contribution s and the board has approved uying more into the U.S. equities such as tech, Bio, Consumers, Airlines etc. etc. etc. My question, is your Market (The U.S.) market open tomorrow? I was a student there so I know it is Dr. King's Birthday. But is the market open or closed. I like to buy at the open.
dude who the short told you that Hilary is getting stronger. Wait till the republicians get their house in order dude. The market is heading higher and we will see for sure GILD at $158's. DUDE! what do you know, a short dude at his best!