A Fastball Under the Chin

Market volatility was definitely the theme this week. After reaching fresh all-time highs for months, the Bull Market hit the brakes. The AI-trade stalled. Friday was a wild one. Stocks gapped down at the open, building off Thursday’s decline. The Volatility Index spiked, reflecting newfound fear. Weak hands were dumping stocks. Those are the ones generally late to the party. Strong handed investors were tight gripped and dip buyers jumped back in. It’s said that corrections send stocks back to their rightful owners...