Wow, the market is in a serious sideways funk. Every sector is taking it on the chin. Even, if you try trading options- which I have, you will still lose a crap load of money; I have. Nothing seems to be working. I have been in only one (real) Bear market in my lifetime and that was in 1987. However the subsequent losses after the initial plunge on "Black Monday" of 1987, was not as persistent and severe as this one. Wow! Stay tuned for the next post, maybe we will find the light somewhere.
I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.
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