How to Avoid Stock Market Insanity? By StockNews
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© Reuters. How to Avoid Stock Market Insanity?
What a difference a week makes. Last Wednesday and Thursday the stock market endured a “Taper Tantrum” sell off that had stocks (SPY) tumbling lower. Yes, it is now a week later. And, yes stocks quickly shook off that lunacy to get back on a bullish run towards new highs at 4,500. But still we owe it to ourselves to fully understand why this happened…and what this means for the future to make the most level headed investment decisions going forward. Read on for more.(Please enjoy this updated version of my weekly commentary from the Reitmeister Total Return newsletter).
Let’s take it from the top…
What is a “Taper Tantrum”?
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