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: