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.
