Need to Know: Here’s how the S&P 500 can avoid the next ‘Big Red Wave’ of selling

After a gloomy patch for the markets around Thanksgiving, there is a more buoyant mood to start the new week.

Jani Ziedins, of the CrackedMarket blog, says the equity slide could be nearing its bottom, though only “if this selloff stays confined to people who actively follow the market.”.

Ziedins warns that if the negativity spreads to the average investor “who only looks at their quarterly statements, prices could fall a lot further if that much larger crowd starts dumping stocks too.” The good news is that most investors won’t see September-December statements until the new year, and next month’s stock performance is still up for grabs.

>>> Original Source <<<