Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
The S&P has had a -14.34% correction from it's previous high to the low on Monday (DOW -19.39%, NASDAQ -21.90%). The S&P is currently pausing on the 10EMA as resistance, and next week we will see which direction it chooses to go (see chart below). If we fall back down and take out Monday's low, I'm afraid we'll be heading into a bear market and this will prove to be more than just a correction. I dipped my toes into the trading waters, and bought VO and DIA on Thursday.
If you are a Vanguard investor and like talking about investing with Vanguard and also talking about the markets, join my Facebook group: Friends of Vanguard!
Want to talk? Contact me!
Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!