Don’t miss these top money and investing features:
“History repeats the old conceits,” musician Elvis Costello sang in “Beyond Belief.”
For investors now, confronted with share prices many U.S. market observers consider overvalued, belief that stocks will move even higher would seem a clear display of hubris. And putting money behind that conceit would appear foolish at best.
Except history shows that when the broad U.S. market retraces a correction, as it has this year, there’s often still more gas in the tank. Enough, in fact, for a representative index such as the S&P 500 to advance perhaps as much as 10% from its pre-correction high.
Of course, every song has an all-knowing chorus. At some point, investors surely will be singing the same refrain about stocks that Elvis did about relationships: “I got a feeling/I’m going to get a lot of grief/Once this seemed so appealing/Now I am beyond belief.”
— Jonathan Burton
Cracks are emerging in Big Tech. Jeff Reeves looks at where to invest instead.
5 smart trades that will get you away from pricey tech stocks
The ClearBridge International Growth Fund has been a remarkable performer by buying growth stocks at value-like prices.
How a pest-control company and a cosmetics maker became this five-star fund’s top two holdings
The case for taking Tesla private may seem compelling — but check the data first, writes Mark Hulbert.
Here’s the lesson Michael Dell can teach Tesla’s Elon Musk about taking a company private
Pending legislation is generating excitement and attention.
Are annuities coming to your 401(k)?
U.S. stock market often moves higher after overcoming a correction, writes Mark Hulbert.
Why the S&P 500 could gain another 10% from its previous high
Market timers have run for the exits — a bullish omen, says Mark Hulbert.
The bull market in stocks gets a new lease on life
How to avoid the biggest 401(k) mistakes
The stock market in the world’s second largest economy has dropped more than 20%.
Is China’s bear market coming for your retirement?
Making material things a priority comes at a price.
This one lifestyle choice matters more to your family than making money
Don't miss out! Subscribe to MarketWatch's free Mutual Funds Weekly newsletter. Sign up here.
Source: Read Full Article