Grow Your Portfolio the Intelligent Way

Market Update 01/19/2005

By seadmin

Year to date, investors in individual stocks have been punished for their optimism. Small caps are down 5% just since the first of the year–a mere 19 days ago. The Nasdaq is following closely behind, down 4% in the same time period. It’s just rough out there right now. Last week, I had a conversation with a person who bought a stock just to see it drop 25% in one week! Stocks are having a very tough time mounting a rally so I urge investors in individual stocks to keep their stop losses very tight and be careful.

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