Course correction and see how the year has gone. This year weve seen the high flyers come down. Weve seen Interest Rates be a lot steadier than people thought. So you take a look at some of the stocks that are working and some of the stocks that are not and try to make a move here and there. Ive been buying oil, European Companies and also stocks that are in transportation and industrial seem to be more popular. Some of the high flyers really came down so ive been choosier about that sector of the economy. What about volatility in the market. Is it typically high or typically low this season . Volatility tends to rise and have these sudden spikes in the late spring and sometimes in the summer. I know a lot of people think its in the fall but ive seen the biggest volatility spikes in what people think are gonna be the quiet months of the year. Matt will this be a year to sell in may and walk away . I think a lot of people started selling in april. Im not really a buyer of that adage. I
During the spring months . One thing i do is a mid course correction and see how the year has gone. This year weve seen the high flyers come down. Weve seen Interest Rates be a lot steadier than people thought. So you take a look at some of the stocks that are working and some of the stocks that are not and try to make a move here and there. Ive been buying oil, European Companies and also stocks that are in transportation and industrial seem to be more popular. Some of the high flyers really came down so ive been choosier about that sector of the economy. What about volatility in the market. Is it typically high or typically low this season . Volatility tends to rise and have these sudden spikes in the late spring and sometimes in the summer. I know a lot of people think its in the fall but ive seen the biggest volatility spikes in what people think are gonna be the quiet months of the year. Matt will this be a year to sell in may and walk away . I think a lot of people started sellin
Out this morning. The market predicts 163,000 jobs were added to payrolls and the Unemployment Rate will remain unchanged at 6. 6 ahead of the news there were more buyers than sellers on wall street. The dow added on 62 points, the nasdaq lost 6 and the s p closed up 3 to an all time high of 1877. Thats the 50th record in the past year. The wall street journal reports cerberus has reached a preliminary agreement to buy Supermarket Chain safeway for 9 billion. The deals value is 40 dollars per share. And music, film and interactive festival south by southwestl starts today in austin texas. Lady gaga is amoung the headliners. Mark sebastian of swan Wealth Advisors joins us this morning. He is at the ready for some trader talk with us. What is your plan of attack with that jobs number coming out today . Nonfarms is interesting. I think that were now at a point where within a range the markets gonna act as we expect. So a small miss, a small win. I think that the s ps will do as we expect.