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After Major Pressure, We Finally Saw a Winning Day in The Market

0 | By Michael A. Robinson

After several losing sessions, we have seen signs of life in the market. Small caps have suffered extreme difficulties previously, but now they are outperforming the greater market on average. While it’s too soon to say what will happen next, and what this means for the big picture, it’s good to see after many of the most successful tech stocks of the pandemic, as well as cryptocurrencies, have faced such serious pressure. Between historic GDP growth, inflation, upcoming earnings, and the Fed could all push things in different directions. I wouldn’t stay out of the market and risk missing a good rebound, but this is a time to plan ahead, consider the long haul, make smaller trades, and avoid chasing the market.

 

Cheers and good investing,


Michael A. Robinson

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