During what seems to be a bit of an ‘exhale’ in the US equity markets, there are a couple of old market adages to keep in mind:

When dealing with the market, it’s often “2 steps and stumble”, and “the stock market is the only place where when there’s a sale, the customers run out of the store”.

You can look at the glass half full, or half empty. ¬†Perhaps use this slight pullback as an opportunity to gain better entry points. Or not. (That’s up to you)

Here’s what I’ve been reading this afternoon:

‘Global Sell-Off: Technicians Weigh In’ – Josh Brown – The Reformed Broker

‘The Question To Ask When You’re In A Drawdown’ – Brett Steenbarger – TraderFeed

‘Investing Tribes and the Paradox of Choice’ – Tadas Viskanta – Abnormal Returns

‘What A Time To Be Alive’ – Morgan Housel – Collaborative Fund

‘The 10 Fastest Growing State Economies’ – David Floyd – Investopedia

ENJOY!

tim