The top isn't representative of underlying value

Travis Hoium
03-08

Let's talk about falling stocks. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $DJIA(.DJI)$

This is a normal part of the market.

The top isn't representative of underlying value.

Neither is the bottom.

Look at the long-term and position yourself for success over 10-20 years. A couple of months is mostly volatility.

Stocks can ALWAYS fall more.

Don't anchor your view of a company based on the top of the market.

Understand where you think the market is wrong about the long-term. That's when you back the truck up.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1
46