Morning Traders,
today being the last trading day for April should bring an end to the quarterly reporting season which may have played a role in the hesitant trading over the last week or so. Some would say its been a little tepid for a bit longer than that, but thats our role to be on the hunt for interest from day to day and week to week. Its not a fun park, (although sometimes it feels like it!!) so there will be times when it feels like there are no rides!
Some comments below from the well known fund manager Peter Lynch 'Beating the Street' to keep you focussed:
"In every industry and every region of the country, the observant amateur can find great growth companies long before the professionals have discovered them.
A stock-market decline is as routine as a January blizzard in Colorado. If you're prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.
Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and stock mutual funds altogether.
There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling."
Good fortune to all![]()
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Morning Traders, today being the last trading day for April...
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