Unwatched Video: My wife and I just came back from a trip with one simple idea that’s going to change the way we manage our household – and our money. See it here.
We’ve seen huge swings of volatility in the market the past couple of weeks. Investors have lost a ton of money, and it’s all because they have no idea what to expect.
But we have something those investors don’t…
As rules-based traders, we can look back at historical data to see exactly how the market has performed over specific periods of time.
In an erratic market like the one we’re seeing now, it’s the best way to predict what’s coming next.
And that’s exactly what we’re doing today.
Labor Day is coming up, and we’re looking at how the market has performed after the holiday weekend.
Here’s what to expect…
We’re nearing the end of the month, and I’m sure most investors are ready to walk away from August without looking back.
Over the past 23 days, the Dow Jones Industrial Average has lost 2%. The S&P 500 and the Nasdaq aren’t far behind with their own 1.5% drops, either. It’s been a volatility storm, and the winds are coming in from every which way.
The trade war erupted, the yield curve inverted, and now fears of a global recession are plaguing the market, pulling it up and down out of fear.
But if the market’s cloud has a silver lining, it’s this – the U.S. consumer is strong.
That’s especially true when you look at customer-favorite Target Corp. (NYSE: TGT)’s recent earnings report. And that’s not tall. The retailer has a ground-breaking move up its sleeve, and it has the potential to swing the broader market even higher.
So while other investors scream “fire!” in a crowded movie theatre, you can sit back, relax, and enjoy the show, knowing that Target can save your wallet from going up in flames.