BE CAREFUL, A NECESSARY ‘CLEANSING’ IN THE STOCK MARKET IS STILL UNDER WAY $SPY $MU $AMD $NVDA $TSLA $FB $AAPL $AMZN $NFLX $QQQ $GOOG $IWM
In my 30-plus years in the markets, one of the biggest mistakes I have seen investors make is to not listen to the message of the markets. Often investors tend to force their opinions on the markets instead of listening to what the markets are telling them. This is an important concept right now because markets are highly volatile, and not listening to the message of the markets can be disastrous. When markets are highly volatile, it is usually better to buy after the cleansing, with the exception of short-term trades. Let us explore with the help of two charts.