The September bear market has continued for the fourth straight week. The retracement has hit nearly every asset class as liquidity is moving out of the market en masse.
It seems as though the big money is deciding to limit its exposure to increasing risk factors. Uncertainty surrounding the upcoming election is increasing. Also, a second wave of viral outbreaks as we go deeper into fall may lead to stricter social distancing mandates.
These trends don’t change my long-term outlook on the market. But in today’s market update, we’ll look at some of the most popular stocks and see how we can alter our short-term approach and maximize returns in this tricky market...