U.S. stocks, as measured by the S&P 500, are up 15% in the three and a half months since the beginning of the second half of 2010. Nonetheless, individual investors have remained net sellers during every week. In the past twenty five years, there has never been a three-month gain in the S&P 500 of 10% or more that was not accompanied by net inflows into equity mutual funds and Exchange Traded Funds (ETFs) (according to Investment Company Institute data). Why are individuals staying away from investing in the stock market?……
 

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