Stocks Move Lower To Kick Off May

FS Insight Team

“The trick is not to learn to trust your gut feelings, but rather to discipline yourself to ignore them. Stand by your stocks as long as the fundamental story of the company hasn’t changed.”

~ Peter Lynch

Good evening:

Despite the prevailingly negative sentiment about the market, we entered May with the S&P 500 almost exactly where it was one year ago: it closed April 2023 at 4,169, slightly higher from its close on April 30, 2022–4,132. You wouldn’t have known it by look...

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