FYI: All our recaps here at StockTrader.com are of course critical to all our lives. But this week’s is extremely critical. Please read on…
This was yet another volatile week for the market – four of the five sessions saw the major indexes move >1%. Monday and Tuesday saw somewhat offseting moves in opposite directions (Tuesday’s move was due to Trump backing off tariffs to China until the Christmas season is over), while markets swooned Wednesday to the tune of about 3% down. A rally Friday saw the markets claw back about half those losses. Until volatility dies down, it is not really too “safe to get back into the water” for those with shorter term horizons.
Regards,
Ted
https://www.stocktrader.com/2019/08/18/weekly-stock-market-recap-aug-18th-2019/