Robert Luna of Surevest Private Wealth says this is not the time for short-term trades, but investors with a “long-term time horizon” can start looking for opportunities.
It has been another eventful week in the U.S. and global equity markets. As the year ends, it appears we may not be getting the much-anticipated Santa Claus rally. On the contrary, this year for the holiday’s the market has brought us uncertainty. However, we see the volatility as an opportunity to find good investments that are now trading at a discount to their levels from a few months back.