Whether you’re bullish or bearish on the stock market today is a topic we can always debate. What’s not worth debating is that broad volatility has been increasing over the past couple months…
The S&P 500 fell 2.3% on July 24. That marked the first time the index fell 2% in a single day since February 2023 – its longest such streak since 2007. The S&P 500 then came within 0.3% of correction territory on August 5. And today, it’s back within striking distance of all-time highs.
Tim and Matt remain bullish on stocks over the long term. But that doesn’t mean they’re ignoring the fact that several known catalysts could continue to increase volatility in the months ahead. That’s our focus on today’s new episode of the SteadyTrade Podcast.
First up is the Federal Reserve meeting on September 18. While the odds of what exactly the central bank will do have shifted a bit recently, it’s a near certainty that it’ll begin a new cycle of cutting interest rates. The presidential election takes place in early November. And then there’s the fact that September is historically one of the worst months of the year.
Those are the things we know for sure.
Meanwhile, Tim Bohen talks about a day trader’s view of the volatility. What does it all mean for traders? Plus, he lays out how to spot potential moves in stocks tied to the catalysts mentioned above.
This is an episode anyone invested in the market – whether you’re a trader or long-term investor – should tune in to.