Fast Money Blog- 11/26/21
This week the Dow Jones Industrial Average, S&P 500 and Nasdaq, maintained their upward trends until Friday, Nov. 26th.
It was at this time that the the stock market felt threatened by a new Covid variant discovered in South Africa. As a result, algorithms sold off stocks that had substantial gains over the last 24 months.
I suspect that in the month of December, the market will continue to react to news of new Covid variants around the world. Your job is to follow strong fundamentals and not allow yourself to be distracted by short-term trends.
Stay Patient! Stay Positive!
Tyrone Jackson
The Wealthy Investor