A Roller Coaster of a Market

This way, that way, around the bend, and through the hoop. Sounds like a wild roller coaster but its really just how the market has been moving during this pandemic, especially recently. As TJ mentioned in his post titled, “Tech Rotation” it seems as though different areas of the market such as technology and cruise lines among others are taking their turns each week and running up largely compared to the rest of the market. As we have come to realize, stocks don’t go up forever, so most of the stocks start to correct themselves. All the crazy movement makes it very hard to make confident moves, but it allows for big short term gains if you get it right. While this can be very risky, sometimes it can be a risk worth taking, perhaps on one of the indexes such as the Dow Jones (DJI) or the S&P 500 (SPY). Remember if you have any questions, just ask us!

-Darnel Shillingford

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