Enjoy The Bounceback… And Get Ready For Another Smack

black android smartphone turned on screen

Image Source: Unsplash


Markets were up strongly today, bouncing back from this week’s beatdown.

But here’s the thing. Correlation is high and still increasing. I’ve talked a lot about this recently. Correlation is tricky stuff. When you see stocks moving with no headline or hard, identifiable event driving that move - that’s correlation.

And what it takes up, it can take down.

Sure, that’s not the most cheerful New Year message, but I’m here to help you make money. Traders like us are going to have to shift gears and contend with increasing volatility.

That’s not a bad thing at all. Here’s what I see…

Video Length: 00:23:26


More By This Author:

Get Your 2025 Trading Started Right
Santa Claus Is Not Coming To Town - Here’s What Happens Next
A Year Without Santa: What The Technicals Say About A Near-Term Bottom

Disclaimer: This article is republished from The Conversation under a Creative Commons license.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with