DON’T BE LIKE WARREN BUFFETT — AVOID VALUE STOCKS FOR NOW $AAPL $BRK-B $DIA $DJIA $IVE $SLYV $SPY
Many prudent investors are gravitating toward value investing, the strategy of finding and buying undervalued stocks. On the surface this makes sense, given that the economy is in terrible shape.
However, before following a value strategy, look at the charts linked below. You may find it’s best to avoid concentration in value stocks at this time.
Two charts
Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the Dow Jones Industrial Average DJIA.
Please click here for a chart of the S&P 500 ETF SPY which does the same for the S&P 500 SPX, compared with eight popular stocks and ETFs.
May 6, 2020