I don’t know if today’s market action was a dead cat bounce, but I think it behooves investors to be prepared for some more down strokes. The virus has yet to peak which I think will toy with our collective psychology and soon quarterly earnings will become real and not estimates. Both these events will toy with our emotional selves.
Steady as she goes. Keep your head about you in these trying times. I see this as the most important challenge.
Make sure you have a shopping list and know when your shopping list items present real values. This is essential. And by all means, keep level headed. These are trying times, but also the times when real opportunities present themselves. Stay the course.
Be safe.
Be smart, be well-read and be successful.
