Investors are Asking, What Do I Do Now?
$DIA, $SPY, $QQQ
Investors are constantly bombarded by the daily Noise about stocks and stock trading, so do not lose sight of what matters. Because as long as things are going well stay put, always take what the market gives.
Do not panic over a big down day meaning do nothing.
Panicking is not investing.
Often a Bull market has nothing better to do but sell off, and that should be seen as buying opportunities in good companies.
Discipline is Key, and waiting until buying opportunities come along is the Keystone of the savvy investing.
It is easy to get caught up in the excitement of making trades or buying some fast-moving stock. But if you do not understand what the action is about, guesswork is not a good investing strategy.
Standing pat does not mean letting capital go to waste. It means letting the wealth building effects of the market work, so set emotions aside and ignore the short-term fluctuations along the way.
Markets have been consolidating YTD, but there has not been a 20% correction in this Bull run. And despite the fear of a trade war, the collapse of Turkey, slowing growing in China, the US economy is strong and growing stronger.
A strong and growing economy is what really matters for US investors. The fears will prove short-lived, they always do. The facts of a stronger economy will drive stock prices further North.
The Bull has paused to refresh, given 15-month rally between President Trump’s election in November 2016 and January 2018 of this year. A long term consolidation like we have seen since the 26 January highs, signals the Bull has more scope to run.
Those who are invested in companies moving society forward with breakthrough tech, dividend paying Aristocrats, and growth companies that lead their industries, plus out-of-favor commodity’s companies, I expect will do Great.
In this current trading environment if you are a trader, sideways with a positive bias, it is a great time for buying on a down day and taking profits on an up day, but that mean paying close attention to the action
Have a terrific weekend.