The Slowdown

The last few trading days we have seen less and less rapid movement and volatility compared to weeks prior. It is odd to see considering what is happening in the country right now with all the protests, riots, and movements. Investors expected the market to be more volatile during these times, but that is not the case. With less volatility and volume that means sharp shifts to the downside are more unlikely. But don’t think you’re in the clear because as we’ve seen in 2020, anything can happen. A few stocks to keep and eye on could be sports based companies. Nike ($NKE), Under Armour ($UA), Addidas ($ADDYY), etc. make advances during these times of racial injustice. They show love and support, and the public gives it right back to them. Keep an eye on their stocks as public favor could boost them in the market.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: