We’re only halfway through August, and already it has been a roller coaster. The market fell steeply in the month’s first week – sending the Nasdaq Composite into correction territory and the S&P 500 to within 0.3% of its own 10% pullback.
Since then, things have reversed course. The Nasdaq is up 12% from its August 5 low, and the S&P 500 is back within 2% of all-time highs.
Naturally, we’ve had a lot to talk about – everything from the volatile action to the best ways to invest during sell-offs and your most pressing questions. I hope you had a chance to keep up. But if you didn’t, this weekend is the perfect opportunity to catch up.
Here’s a recap of everything we covered in Market Insights this week.
Monday: It has been a month since the Nasdaq 100 hit its July 10 high, and in that time it’s down 10.5%. Is this a buying opportunity? Or should we become more defensive? Click here to read Where to Invest After the Correction.
Tuesday: When investors and people in general panic, it often leads to terrible decision making. But that almost always results in wrong investment decisions. This is when it’s more important than ever to stick with your strategies. Click here to read Don’t Let the Volatility Scare You Out of Stocks.
Wednesday: The world is a wild place these days. That has led to volatility in the markets and big movements in individual stocks. And naturally, it has created many questions for investors and traders alike. Tim Bohen and I tackle them in the latest podcast. Click here to read Discussing Your Biggest Stock Market Concerns.
Thursday: Imre Gams is taking the reins of Market Insights again to highlight just how simple his technical scoring system is and how it can drastically narrow down trading opportunities. Click here to read The Biggest Advantage of Imre Gams’ Trading Strategy.
Friday: Warren Buffett’s Berkshire Hathaway (BRK-B) disclosed a new position in Ulta Beauty (ULTA) on Thursday. The firm purchased 690,000 shares to establish a stake worth about $266 million. But the big question is why the 93-year-old legendary investor bought into the largest specialized beauty retailer in the United States. Click here to read Buffett is Heading to the Makeup Store.
Here’s to the future,
Matt McCallEditor, Market Insights
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