Always watch the sell-offs

Hey there! Happy Wednesday! If you've been paying close attention to the markets lately, you're well aware that there was a big sell-off yesterday. The Dow Jones had its worst day since February, and is sliding about 200 points already this morning. Now, a lot of people want to panic. But I don't think that's necessary. I say this a lot, but the market isn't an emotionless machine. It's the combined emotions of the millions of people that buy and sell stocks day-to-day. Clicking the link will register you automatically for updates about the event and periodic updates from Garrett and his team at Godesburg Financial Publishing (privacy policy) And those emotions can be unpredictable, a little crazy, prone to overreact to even a hint of bad news. For example, the last few days, there's been a lot of talk about possible inflation. The gas crisis has been weird for everyone, and the jobs numbers last week didn't look good. So, naturally, there were plenty of excuses for people to panic, and, honestly, people don't seem to need much of an excuse to panic in the first place! The thing to remember here, though, is that we as traders don't always need to worry about the market on a macro level. Sure, it's important to know what trends are happening, what the overall mood and temperature of the market is. But we're not trading "the market," unless we're buying and selling some ETF like the SPY. We're trading individual stocks. And when sell-offs like yesterday happen, that often creates fantastic entry opportunities for those of us trading individual stocks. Here are a few stocks I'm looking at right now: You'll notice that all three of these stocks dropped and fell to levels at or near the moving average. That's always a signal of a possible entry point (to learn more about how I trade using moving averages, watch this class here). The thing to watch today, I think, is to see whether those stocks do indeed bounce back higher, which would be a super bullish signal. If they don't, of course, that's good for the bears. We're at a period where the market really could head in either direction. Are worries about inflation going to really tank the market for a while? Or will investors shrug off these concerns like they've shrugged off most other things lately. We have to wait and see. But remember, as much fun as it can be to try and predict the whole market, it really is more important to be watching and analyzing individual stocks. That's where you're doing your trading. Hope you're having a fantastic Hump Day! Chat Soon, Markay Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe