This is no fun! Here is the Dow over the last seven trading days:
August 2nd . . . . down 265
August 3rd . . . . up 29
August 4th . . . . down 512
August 5th . . . . up 60
August 8th . . . . down 634
August 9th . . . . up 429
August 10th . . . down 510
As I type this, it is UP 287 points, but I’m not happy about that. Normally such volatility means a change in direction, usually after a few days of stability. The only normal day in the last ten is August 3rd, when it was up only 29 points. I’m ready for a few stable, boring days . . .
Boring is good!