“Don’t gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it,” Will Rogers said almost a century ago. “If it don’t go up, don’t buy it.”
Uncertainty is high and will remain high for some time. Individuals should hold more cash in uncertain times.
Right now, the trend according to the 200-day MA is up. The trend is your friend, for now.
The advance-decline line (A-D line) subtracts the number of stocks that close lower every day (declines) from the number that end the day higher (advances).
There will be other changes as the economy reopens but as investors, it is usually best to understand a small change instead of trying to see how the whole world will be different.
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