Get In and Stay In Already!

Yesterday, the market rallied on the strength of a jobs report that exceeded expectations.

The Labor Department said that the US economy added 317,000 new jobs in the month of December; the expectation was for 176,000 jobs.

In addition, Federal Reserve Chairman Jerome Powell said that the Fed will exercise patience in raising interest rates.

This combination of good news sent the Dow up 3.29%, the S&P 500 up 3.43%, and the Nasdaq up 4.26%.

Now, I don’t know if this rally will continue but I do know that trying to time the stock market by jumping in and out will not work…this is just another great example of why!

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

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