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Stock Market Under Trump
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I did something that I normally wouldn't do... bought back in during the last hour of trading. I managed to improve my positions on a few ETF's that I'm long in and get them close to being out of "the red". I'm going to wait and see what the market does over the next few days before I consider putting any more money back in.
I expected a move to the positive today, but didn't expect a record single day gain. The DOW posted it's highest single day gain ever. Expect perhaps a few days of "modest gains" and perhaps a downside move here and there. I want to see some stability before I go back to "all in". If there are more wild swings one way or the other I would caution against buying in. A few days where the market indices are pretty much stable are what we need. There are 10 kinds of people in this world. Those who understand binary and those who don't. |
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