AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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Savvy investors capitalize on market events and shifting trends
If you’re a retiree, you probably still need stocks as a big chunk of your investments. Here’s why:
After six months of the S&P 500 going up at least 28%, Birinyi Associates worked up a backtest on what happened the past 20 times it had a similar rally.
Without volatility, there would not be the opportunity for investors to buy stocks at low prices.
