The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#439 - Great Swimmers Can't Beat Strong Currents
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:03:31
- More information
Informações:
Synopsis
Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about why great swimmers can't beat strong currents. And this topic comes in the face of potentially a declining market in what we've seen over the last couple of months, is definitely the markets having a little bit more volatility. And what I think is particularly interesting about this market downturn is that you could even say that some of the tech sector stocks including most of the FENG stocks have really kind of led the decline. In fact, some of the FENG stocks are actually technically in a bear market or at least intraday, we’re in bear markets this last week. It's interesting to me because I think a lot of people have this misconception that great companies have this ability to circumvent the broad economy, the broad market dynamics and I always think about this line in that great swimmers can't beat strong currents. No matter how good a swimmer is, no matter how good a company