Here's what happened this week:
Monday: Stocks have their best day in 4 weeks, and here’s why
Tuesday: Shocking: Vaccine doesn’t work? – DOW drops 390 points
Wednesday: Crazy: Fed sees “extraordinary amount of uncertainty” – and Nasdaq is only 5% away from all-time highs!
Thursday: Stocks down, but Billionaires increased their net worth by $434 billion
Friday: Today’s market action felt like deja vu from February
The one thing about change is that it doesn't change.
It just keeps changing.
The world does change... some things don't.
But one thing's for sure. If what you did before doesn't work anymore (in trading or anything), it probably won't magically start working again.
Sticking your head in the sand about it won't fix the problem.
Hoping. Wishing. Whining. Weeping. Groaning. Ignoring. Denying.
None of those will CHANGE things back to the way they were. That’s a definite going forward.
Adapt to the change... or DIE (either a slow lingering death or a fast and ugly one).
Pull your head out of the sand... adapt to change. Embrace it.
Find your groove... and work the hell out of it until you're forced to change again.
That's how the world works, and the Internet makes that change happen even faster.
... and that will probably NEVER change. ;-)
Here's what happened LAST week:
Monday: Good news or bad news? – Stocks can’t figure it out and struggle to find direction
Tuesday: Stocks don’t like Dr. Fauci’s “more suffering and death” comments…
Wednesday: Stocks tank after Powell says THIS is “worse than any recession since World War II”
Thursday: 2.9 million jobs lost last week…and stocks rally? – Here’s why:
Friday: The craziness continues: Worst Retail Sales decline EVER – and stocks rally…