The Greek referendum brought a “No” and the world has not ended, so what is next?
Charts Courtesy of Yahoo Finance.
The Greek referendum brought a “No” and the world has not ended, so what is next?
Charts Courtesy of Yahoo Finance.
With the end of January behind us, it is time to look forward to the next few months of trading. One of the consistently looming questions is about volatility in the markets. Remember, historically January is not the most volatile month. However, there is some merit to looking at monthly historical cycles.
The end of the year is upon us. In terms of trading, the year end should just be a phase the market is passing through. However, you should still set a resolution to be a more effective trader or investor. The scorecard is resetting to zero soon. That means prior results, both good and bad, should not be brought into the new year and either give you inflated confidence or extreme despair. The odds of a winning trade are still the same. Make it a point to stick to trades where the most likely outcome is a positive one.
Charts Courtesy of Yahoo Finance
Is the sell off over? Has the market flushed out the weaker players by instilling fear? Or is it just about to entice some sidelined investors into buying into a trap door?
Charts Courtesy of Yahoo Finance
After a long holiday weekend the equity market finds itself at fresh new highs. Will traders look to upcoming economic data, or will complacency set in as vacations will be in focus?
Has the sideways trading in the S&P 500 frustrated you? Perhaps it has saved you by keeping your mistakes manageable. Maybe you have been selling options to sell volatility to benefit from this range bound trade. Whatever the case hopefully you are not lulled into the trap of complacency.