This week we saw the stock market dance with extreme volatility. Here’s a brief recap: On Monday, August 31st we saw Dow component Apple, Inc. (AAPL) split their shares 4 for 1 and S&P component Tesla Inc. (TSLA) split theirs 5 for 1. The activity in both of these stocks was upward trending until Thursday, September 3rd when the market pulled back in anticipation of Friday’s Jobs Report.
I did expect a mild pullback this week because we have had such a sharp run-up over the past 30 days. This is common during late august and early September.
I expect to see stocks like Microsoft Corporation (MSFT), Visa, Inc. (V), MA, and Apple Inc. (APPL) rise sharply after Friday, September 11th’s national day of mourning.
Stay Patient. Stay Positive.
Tyrone Jackson
The Wealthy Investor
