We just had one of the most if not the most memorable election in history. The Dow Jones had a decent swing overnight, roughly 900-points (5%) on the back of Trump winning the election. Throughout history, we have been through many crises, big events, etc., that tend to cloud our judgment in the short term that ends up costing us in the long term. With the rise of social media, and up to the minute news, the future events will be sensationalized a lot more than they should be. In the short term, anything can happen, over the long term the odds are on your side.
The point is; we've been here before.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at email@example.com or 646-480-7463.
"Frank began his career on Wall Street nearly two decades ago. He worked alongside some of the most respected traders on the street. He quickly realized his true talents were in his ability to interpret market technicals as well as behavior. He was a full-service broker until 2011 when he decided that his no-nonsense approach and expertise was better suited as an independent rather than under the reins of the brokerage business. Since his transition, Frank founded Zor Capital LLC and had successfully managed the portfolios of high net worth individuals. Outside of the cliche cookie cutter approach. His achievements and advice have been featured by CNBC, FOX Business, Yahoo Finance, Benzinga, Wall Street Journal, and CNN Money. Frank is widely regarded as an influential trader in the industry."