2 Historically Flawless Metrics Suggest the Stock Market Can Plunge: Here Are 3 Stocks I've Sold Ahead of What May Be a Big Move for Wall Street
For more than 18 months, the bulls have ruled the roost on Wall Street. Since 2023 began, the ageless Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S 500 (SNPINDEX: ^GSPC), and growth-centric Nasdaq Composite (NASDAQINDEX: ^IXIC) have gained 23%, 44%, and 71%, respectively, and reached fresh all-time highs.
Although all three indexes have increased in value over the long run -- which is what makes long-term investing such a fruitful strategy -- history also teaches us that stocks rarely move up in a straight line.
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Source Fool.com