"Be fearful when people are greedy, and greedy when people are fearful."
You hear this investment saying thrown around a lot. But it's a lot easier said than done.
For instance, we're currently in the midst of a mild pullback in the S&P 500. The catalyst for the pullback has been a mix of the following:
This confluence of factors has pushed the S&P 500 down -5% in the last few weeks:
Many of you have been waiting for a time like this to add to high-conviction positions.
But as is often the case during pullbacks, it's scary to put those trades on when markets are uncertain. To help put your minds at ease, I thought it would be a good idea to talk about...