Well, you don’t see this every day: The DOW was down 603 points today: 29,000 is quickly disappearing in the rear-view mirror. Below is a “Heat Map” that shows what the major stocks did today: Amazon, Clorox, IBM and Charter Communications were the only Dow stocks that held up! Many of the stock markets here and abroad have given back all of the gains of 2020.
It is not often that I email you on two consecutive Fridays! When you look at the far-right side of this chart below, you will see last Friday’s ugly day…and today’s even uglier red-down-day.
There is no one size fits all and I can't tell you how happy I am to be able to send out my thoughts at the end of a very rocky week.
This sort of market volatility is common in 9th Inning Investing…my 2019 Theme of the Year. Stay tuned for emerging trends and what you need to know over the coming weeks.
Look for your First Affirmative Performance Report soon, along with the 3 newsletters that accompany your report. As always, call any time and meet with me often, even if it is a phone or Go-To-Meeting hour!