Hello Reader,
We're going to keep today's email short; you've probably been bombarded with a lot of market news this week already.
In today's wired world, it's hard to miss news about market volatility.
This week's wild swings in stock prices were so notable that they were covered prominently by everyone from the mainstream news to late-night comedy shows.
Indeed, some of this week's intraday price swings were historic (but also not unprecedented).
And when you get this kind of volatility, you get some very colorful language from Wall Street.
One Wells Fargo analyst commented "The high-volume 'cathartic puke' we were waiting for occurred on Monday, "
There haven't been any obvious explanations for what's been driving the moves.
Most theories explaining the morning sell-offs (-4% on Monday morning and -2.6% on Tuesday morning) were debunked by the afternoon, as stock prices fully recovered.
Sure, we could rattle off a list of all of the lingering risks out there.
But would that actually be helpful at the moment, or would it just fan the flames of fear? Keep in mind there's always something we could be worried about.
The hard truth is that unfortunately, there really is no telling what will happen in the coming days, weeks, and months.
If you have the liquidity available, now might be the time to consider buying into the dip and purchasing stocks at "rock-bottom" prices.
Regards,
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