In a market meltdown there will be some opportunities and setups. The idea however, in the uncertainty of unscheduled events and events that could escalate, is to focus on relative outperformers. Here are two from yesterday and how they performed today.
Living in South Florida since the early 80’s I am familiar with the storms that roll through and markets experienced a hurricane of their own. But like hurricanes, sell-offs don’t last forever but they can leave a mess behind. Here’s what I see as the clean-up begins…
If you’re looking at your trading book (aka your open positions) and today was rough… this video is for you.
When the market is going through a correction like what we saw today I try to buy products that offer diversification and those showing relative strength. Two of those fit that idea, and then we cover a third that’s more of a general area of support that’s worth making note of.
