So what happens now? I am still clueless while waiting as the major averages for US, Germany, UK are still quite high, other leading economies have fallen somewhat more yet most everything else anywhere you look has crashed already. Spain broke the 2009 lows, Italy is doing a fourth retest of the 2009 lows..we know about most US based stocks, commodities, gold and energy included.. It is sell in May and go away time but low energy prices would be a nice stimulus for the economy maybe more of the industrial names in steel and aluminum much safer?
Sony, Panasonic, Nokia, Sprint at lows going back 20 years going to disappear as Apple gobbles up more market share and fat margins to a trillion market cap or do ATT, Verizon, Microsoft put an end to the nonsense? |