The past week has reminded everyone about two sure-fire ways to lose money in the stock market: Buying … and selling. That’s even more true when doing either in a panic. And that’s especially true when using the stock market as a casino rather than as a vehicle for long-term investment.
After a weekend of predictions of a “Black Monday,” the markets actually remained relatively stable. And today, all three American indices roared back, making up 1,000 or more points at the open today on the Dow Jones Industrial Index. That mirrored rebounds around the world, the Wall Street Journal reported, despite China’s vow to escalate the trade war with the US — mainly because the Trump administration appears to have adjusted its message:
Investors took heart from signs the U.S. could strike deals with major trading partners, even after Beijing said it was prepared…
