Volatility = Opportunity (for those holding extra cash reserve)
Comes with a warning: “No one can time the market.”
Plus the market was due for a correction after the last month or two.
DOW 40k has been a goal for years now, it just won’t stick. But this not a correction, look at the global market picture… corrections are usually drawn out over weeks, often months. DOW and S&P 5% in two days (Friday and today) Nasdaq 7.5%… Semiconductors corrected last month all by themselves, now they’re getting trashed. Small Caps just started coming back in May, Mid Cap started coming back in late winter…
The “market” optimism has been carried over every finish line by the Magnificent 7, those started showing weakness and EVERYTHING falls apart?
I hope you’re right, I don’t even want to login to my retail account and look.