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Rally For Some, Not For All

2016-03-13 11_30_42-Microsoft Office Picture Manager“It’s tempting to get excited about the market’s recent rally. But as impressive as the bounce has been, it is far from repairing some of the worst damage.” Today’s article highlights the sobering reality that, despite the market’s impressive rally from the lows of earlier this year, “there are still 196 companies in the Standard & Poor’s 500, or 40%, mired in bear markets….” While “the three stocks still down the most from their highs, all by about 70%, are each energy companies”, it’s not just energy companies that find themselves in this funk. To read more and see which S&P 500 stocks are down the most from their recent highs, CLICK HERE. CLICK HERE.