The markets were overdue for a correction coming into 2018.
The question now revolves around what’s next… Could this correction turn into something more extreme? Are there other factors weighing more heavily into the price action?
Recent rhetoric and concerns about trade wars have ratcheted up.
This comes at a time when the stock market is showing indecision and volatility is rising.
Although this is a legitimate concern, it is also be a distraction. The price action takes all this into consideration and tells us when the trend changes (and hence, when we should change our investing stance).
This week’s stock market video looks at two major scenarios facing investors: a bearish resolution and a bullish rebound.
Weekly Stock Market Video
After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
