Let that sink in for a moment.
Who are these savvy speculators? Why did they choose to buy this particular dip at this moment in time. Surely there have been better buying opportunities in the recent past.
Central banks run the markets and can ruin the markets at their own whim.
Keep that in mind always, but especially on days when losses are trimmed inter-day.
Dow Jones Industrial Average August Scorecard:
Date | Close | Gain/Loss | Cum. G/L |
8/1/18 | 25,333.82 | -81.37 | -81.37 |
8/2/18 | 25,326.16 | -7.66 | -89.03 |
8/3/18 | 25,462.58 | +136.42 | +55.05 |
8/6/18 | 25,502.18 | +39.60 | +94.65 |
8/7/18 | 25,628.91 | +126.73 | +221.38 |
8/8/18 | 25,583.75 | -45.16 | +176.22 |
8/9/18 | 25,509.23 | -74.52 | +101.70 |
8/10/18 | 25,313.14 | -196.09 | -94.39 |
8/13/18 | 25,187.70 | -125.44 | -219.83 |
8/14/18 | 25,299.92 | +112.22 | -107.61 |
8/15/18 | 25,162.41 | -137.51 | -245.12 |
At the Close, Wednesday, August 15, 2018:
Dow Jones Industrial Average: 25,162.41, -137.51 (-0.54%)
NASDAQ: 7,774.12, -96.78 (-1.23%)
S&P 500: 2,818.37, -21.59 (-0.76%)
NYSE Composite: 12,723.09, -112.22 (-0.87%)
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