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Chart of the Day: Don't Chase the Trend

Crews Bank & Trust Wealth Management Services Jun 6, 2023
S&P 500 only during the day after it went up the previous day in blue, owning it after it went down the previous day in orange

Contents

Today’s Chart of the Day from Bespoke shows the difference in price, excluding dividends, if you owned the S&P 500 only during the day after it went up the previous day (blue) vs. owning it after it went down the previous day (orange). 

Lesson: Don’t chase the trend.
Chart of the Day

About the Author

Crews Bank & Trust Wealth Management Services
Crews Bank & Trust Wealth Management Services

Experienced professionals from our wealth management services team can help you achieve a bright financial future through investment strategies tailored to you. We’ll show you all of the options available and help you choose the ones best suited to you. We’ll provide high-quality, personal service as we work toward your goals together. Our Portfolio Managers do not receive commissions on trades; our recommendations of investments are based solely on your best interests.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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