Tag Archives for " CAT "

FOMO in the Stock Market

I first came across this term, FOMO, when researching the Millennial generation. Millennials, Gen Y or Echo Boomers as they are also called were born between 1982 and 2000. Now the dates do vary depending on what researcher you read, but I am pretty close.

William Strauss and Neil Howe are widely credited with coming up with the name Millennials.  They are also the authors of a book I am reading, “The Fourth Turning, What the Cycles of History Tell Us About America’s Next Rendezvous with Destiny”. More on that in another blog. Continue reading

Trump Uncertainty Disappears in a Matter of Hours…

or so the stock market might have you believe. All we heard ahead of the election was how a Trump victory would create nothing but uncertainty for the market.

As results poured in Tuesday night and it became more and more clear that Trump was going to win, the markets went into a tailspin. Eventually the futures went limit down and could not trade lower for the rest of the overnight session.

That caused selling to abate and buying to come in and the market began to bounce. And then Trump claimed victory. He gave a very nice acceptance speech.  He talked about all the rebuilding that’s going to get done…pulling the country together…and the buying continued.

By the time the market opened at 9:30am ET, the market was back to about even and then rallied all day, with the DJIA up about 257 points. So it took just a few hours and all that uncertainty went out the window. Really? Continue reading