Watch this video if you’re thinking too much about the market this week.
Looking at the volatility, and knowing how traders think, I planned to do a quick video for you this morning, but then I remembered I did one with the same message earlier in the year, just as, we know now, the market was bottoming after a 10+% dip.
My message today would be virtually the same as it was then.
Ironically, as I reviewed this 5 minute video this morning the Dow went from down 650, to down 490 (a 160 pt rise that you should not get at all excited about at this point., i.e., not predicting a bottom).
Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust:
Once playing, click the icon in the lower right corner for full screen. Focus should occur after a few seconds; if not, click the wheel to the left of the YouTube icon to adjust: