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A little blip? Or something more? – Dr. J's Market Thoughts Press "Enter" to skip to content

A little blip? Or something more?

The market decided to have a Tweet Tantrum thanks to POTUS throwing some gasoline on the tariff fires this week. While the week may have been scary for some given the gyrations up and down, in reality nothing changed. Support arrived in the mid-2800’s in the S&P500 where it was expected. I would become much more concerned of a (short term?) market retreat if we move below 2800. That could bring a drop into 2550-2650 pretty quickly (more scare tactics?) and provided it happens in May, that would be an excellent Buy The Dip moment for long term investors following the strategy found on this website. For now, things are stable. Thanks for stopping by.