Remember when the Dow Jones went down about 1% in a day not too long ago? Everyone was asking “is the end of the line for this bull market?” Well, almost every major index was sitting at a new all-time high yesterday. Knee-jerk reactions to daily market moves are a great way to get violently whipsawed in the market. Do yourself a favor and focus on the long-term.
Here’s what I’ve been reading this morning:
‘A Few Charts and a Few Thoughts At All-Time Highs’ – Michael Batnick – The Irrelevant Investor
‘Markets Are Hard: Seth Klarman Edition’ – Ben Carlson – A Wealth of Common Sense
‘Reciprocation Bias’ – Farnam Street Blog
‘3 Reasons a Credit Freeze Won’t Protect You’ – Nick Clements – Forbes
‘Active No Longer The Default’ – Michael McClary – ETF.com
ENJOY!
