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S&P 500 Daily Trading Range is up to levels that reflect market turbulence Definition: (High minus Low)/Open Causes: Liquidity is drying up Markets like turbulence News really is that interesting & unique every day Big bets in dark pools War & Politics This is not a good sign for the overall health of the market. Fear of missing out (FOMO) is not that expensive. It is ok to wait if/while the market falls further. As we have posted before, there are many stocks on sale today. These are stocks that are down 10% or 70% over the past year and you may be thinking that these are bargain basement purchases. They may be (we think we might like SLQT, doing DD), but likely these stocks will be cheaper in a week or two.
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Stock Market BLOGJeffrey CohenPresident and Investment Advisor Representative Archives
September 2024
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