Tuesday was not for the faint of heart. All intra-day activity suggested another close at the day’s low - right up until the rumor mill went to work. In the last forty five minutes of trading, the S&P roared upward on news that European leaders were going to create a plan for Greece. And all this time I thought they had already done that…
Maintaining an agile portfolio is an absolute must in volatile markets. In a market that is dangerously mirroring Fall 2008, a high level of ‘pain tolerance’ is a must. Attempting to swing trade through this competition seems ludicrous. At Fisher, we have our market beliefs. And while our team is constantly evaluating new opportunities, we have managed to keep the big picture at the forefront of our strategy.
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