Our IRA account is fully recovered by now. Unless something bad happens again, our monthly chart record will look like no correction ever happened. This is what every investor and trader should do – never panic, never over react; have your plan, strategy in place and let others to panic and scream. You execute Continue reading →
Posts Tagged With 'correction'
What’s the next S&P 500 move?
If you study the markets and browse a bit into history and seasonality of the markets you can get some nice numbers about the market behavior. That can provide with some foresight and clues of what the market may do next. However, let me stress out again that in the markets “EVERYTHING CAN HAPPEN” no Continue reading →
-10.13% from ATH
The market just entered a healthy correction when it felt for second time more than 100 points in a day (-3.75%). Unless you got caught in a wrong trade this sell off is a great opportunity to buy more shares of cheap stocks. Unfortunately, people blow up their accounts or are fully invested and they Continue reading →
Buy and hold, sell? Well buy more! How to deal with China Crisis
The futures are down big and Tuesday opening will be another rout as many investors will rush to exit selling their stocks. If you are one of them, you are making a big mistake. As I wrote some time ago, you always need to have a plan and remember your trading strategy, but most importantly Continue reading →
China stocks plunge but other Asian markets hold on
(CNN Money) The benchmark Shanghai Composite was about 5% lower in morning trading. Losses were sharper on China’s smaller Shenzhen Composite, which shed 6%. The Shanghai Composite has now declined 42% from its June 12 peak, erasing all gains year to date. Markets were faring better elsewhere in Asia. After starting the day in Continue reading →
Remember your objective, your goal, your plan, and hold tight
As expected markets were even worse on Monday than on Friday. It was scary, but there is no need to panic. Ignore all bears who are coming out of all directions screaming that this is it, this is the end, and this is the beginning of an even bigger crash! It is not. I can Continue reading →
Rout set to continue on Monday but do not panic
I have two news for you, one bad and one good. The selloff is going to continue on Monday as futures are already down another 2.5% as of now; yes it may change by the end of the night and we may open higher and see a V shape recovery, but as of now, it Continue reading →
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