Hello. I hope all is well and this finds you enjoying the improved weather. In Los Angeles, the May weather has been good, but the worldwide market weather has been bad. Fear has arisen to send emerging markets much lower and much of Asia, including Japan, joined them in declining.
Simultaneously, base metals, precious metals, U.S. and global cyclical and technology stocks were all declining until a small rally has developed in the last few days. For the past few weeks, we have been going through the carnage to see if any values have developed.
CYCLICAL STOCKS
Cyclical stocks, . . .
Continue Reading: May 28, 2004
