Updated: Aug 31
This has been a fantastic week for stocks. One of the best in recent times! It appears that the stocks were so beaten down by pandemic economy, supply chain issues, semiconductor shortage, inflation, rate hike speculations and Russia-Ukraine war that investors rushed in at the first +ve sign seen from Federal Reserve's move to fight inflation. Magnitude of the rally was amazing and that is clearly visible in depleted discounted zone (as indicated by gScores in our watchlist). Let me take this opportunity to show how effective gScore based dollar cost averaging is -- especially for DIY investors who don't have any extra information -- in making buy/sell/hold decisions. Yesterday, we discussed DG (Dollar General) to show buy and sell example from recent times.