POSTED ON February 26, 2021 BY Jeremy
Sure, this week has been rough for traders and the markets overall, but it was a great month. Weeks like this are reminders to separate yourself from the recent daily volatility and look at the long-term trend. How do you do this? I’ll show you in today’s video.
As for the overall markets, let’s get into it. Friday was as volatile as they come, with the Dow dropping -1.5% or -475 pts. The S&P 500 had lost -2.5% but pushed back strong into the close but fell just short of finishing in the green with a loss of -.48% or -18.49 pts, and while the NASDAQ shed -3.5% early in the day, it also bounced back to post a daily gain of +.56% or +72.91.
Sure, this week has been rough for traders and the markets overall, but it was a great month. Weeks like this are reminders to separate yourself from the recent daily volatility and look at the long-term trend. How do you do this? I’ll show you in today’s video.
As for the overall markets, let’s get into it. Friday was as volatile as they come, with the Dow dropping -1.5% or -475 pts. The S&P 500 had lost -2.5% but pushed back strong into the close but fell just short of finishing in the green with a loss of -.48% or -18.49 pts, and while the NASDAQ shed -3.5% early in the day, it also bounced back to post a daily gain of +.56% or +72.91.
The S&P 500 is down -2.45% for the week, on pace for its second negative week in a row. The DOW has fallen -1.8%, and the NASDAQ way underperformed this week with its worst week since October, losing -4.9% on the week.
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