Weekly Watchlist Update: Showing Strength Through the Volatility
Despite recent volatility our watchlists have been holding up very well. Many positions are in strong consolidation and several even made new highs. We are entering the toughest phase of the market where volumes will spike and volatility will increase significantly. There will be sharp declines but even sharper rebounds so hold tight. The dips are a good chance to consolidate your portfolio down as much as you can into the the winners.
If you did not see our video update yesterday I encourage you to watch it. There is a lot of great wisdom in there for understanding market psychology as I know many of our emotions were tested recently. It will help you in staying calm and sticking to your plan.
Lastly, make sure you read through today’s watchlist because I have a new pick that brings together several major narratives but is still flying under the social radar.