Here’s how the markets have been moving as we start a new trading week.
The Daily Direction
Note: Stocks ended last week lower, sending the short-term directions of the Dow Jones and the Russell 2000 indexes downward. Will the pullback extend into this week? directions, however.
The Daily Nugget
Are you able to remain calm and spot the opportunities when everybody else is scared?
The market’s multi-week winning streak has come to an abrupt stop.
The Fed says it’ll likely hike rates twice more this year.
Talk of both the markets and the economy crashing are rising once more.
Many investors are scared.
But for some, this is exactly what they’ve been waiting for.
They’re diving in – scooping up shares of leading stocks at cheaper prices.
They know these stocks will likely bounce back quickly – so they’re seizing the opportunity.
In just a few months (or even weeks) these investors will be the ones unloading their appreciated shares on the ones fleeing the market right now.
The difference between these two groups?
One group was able to stay calm and spot the opportunities amid the fear. The other group was not.
You know which group you should be in. So act accordingly.
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The Traders Agency Team