Stocks are down again in early trade after yesterday's terrorist attack in Barcelona and the continuing radical leftist agenda now attacking Confederate statues. (Really, what's next??) Maybe this! Click here: https://steemit.com/politics/@marketreport/after-they-are-done-attacking-statues-this-is-next-by-gregory-mannarino
Let's face it, what this market needs is a nice healthy pullback.
This stock market has gotten way ahead of itself, in my opinion, and a 5+ percent pullback would be very welcome.
I personally do not believe, despite the political nonsense and terrorism, that over the past two trading days we are seeing anything unexpected or out of the ordinary.
As I wrote in an article yesterday, I believe any pull back in this market should be bought-as the federal reserve still has the back of this market.
From a trading standpoint, as always caution is advised, but if you are buying options far enough out with regard to expiration dates, IMO, you have nothing to worry about.
I believe, as traders and investors, we should be hoping we get a pullback in this market as this will present even better opportunities moving forward.
