This week the S&P reached a 5.3% intraday correction and the Dow had a 4.4% intraday correction on Thursday. At Friday's close, the S&P was down only 2.6% and the Dow was down only 1.9%. The correction appears to have come and gone making for another shallow correction. This time I was able to buy some commission free purchases for my ETF investment strategy. I was also able to purchase small amounts of shares in four bank stocks.
Going forward, I expect the stock market to be volatile. The market may go up or it may be flat, but I expect a 5% rise is more likely than a 5% drop for now.
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This is not financial or investing advice. Please consult a professional advisor.
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