Will November's Market-Friendly Reputation Continue in 2014?
Stocks retreat from record highs achieved on Friday as the stock market concludes its first day in November. November has a market-friendly reputation and historically is the Dow's second-best performing month. Investors seem to be anxiously awaiting the midterm congressional vote to see if Republicans will take back the senate; a Republican-led congress with a Democratic president has historically been favorable for investors. Investors used to turn to U.S. Treasuries when looking for a risk-free return, but those days may be over. Many investors are now looking to Apple (AAPL) as the new risk-free option and some analysts even agree.
Word on the Street
Published on Nov 3, 2014By InvestorGuide Staff