The best time to invest is when others are selling and the markets are oversold. Today the Dow Jones Industrial Average dropped below its 200 day moving average. The Nasdaq and S&P 500 are trading below their respective 50 day moving averages. This suggest an oversold market and time to buy. The RSI index for the Dow is at 36.95.
We bought for many of our clients today June 29th 2015. Odds are in our favor that the markets will rally once again very soon. Buy low sell higher is always a good plan.
Keep your eye on the Asian markets overnight then the European markets. They might set the trend for tomorrow morning. Before investing always consult with local investment professional.
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