My take on the Market today
...Looks like Monday's stock market drop of more than 400 pts was a surprise to everyone. Even the mysterious entities buying bonds trying to prop up the stock market.
Volatility is increasing, but has yet to get to where it needs to be to match what is going on.
Recommendations:
-I recommend buying, NOT selling options until volatility takes the necessary jump.
-I also recommend moving your retirement funds to a money market, or bond/equity/balanced allocation if that is all you have.
-If you are an investor in equities, be careful and take small positions.
Congratulations @vaulter! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last announcement from @steemitboard!
Congratulations @vaulter! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @vaulter! You received a personal award!
Click here to view your Board of Honor
Congratulations @vaulter! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!