Editor’s note: The markets have been all over the place the past few days. If you’re feeling uncertain or even on the verge of panic-selling, you’re definitely not alone. I recorded a video update this morning to cover the latest action. And tomorrow, at 11 a.m. Eastern time, we’re going to keep the video content going with live coverage. I’ll break down the markets and share what I’m watching closely. I’ll send a reminder with the link tomorrow morning. In the meantime, stay calm, folks!
The S&P 500 officially entered bear market territory this morning – falling 20% from its February 19 high.
Unsurprisingly, investors are scrambling.
Many folks are wondering if it’s time to sell or buy. You probably know what I’m going to say…
So in today’s Market Insights, I dive into this morning’s pullback, look at several charts, and share some important stats to put this action into perspective.
These are unprecedented times we’re navigating through. And if you’re scared about your portfolio, I totally get it.
But volatility can be an investor’s best friend. Personally, I’m working on my own watch list right now.
As Warren Buffett often says, “Buy when there’s blood in the streets, even if the blood is your own.”
I don’t have a crystal ball. But new opportunities could be on the horizon, folks. Stay alert.
Here’s to the future,
Matt McCallEditor, Market Insights
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