I want to lie in wait and then move big and fast when I feel that the odds are in my favor.
The worst stocks in the market have bottomed and are now holding above support levels.
The plunge in the ruble has a similar effect as a currency devaluation, which is how the 1997 Financial Crisis crisis began.
The primary question for the market is whether it can continue to hold up in the face of Russian aggression in Ukraine.
How will the extraction of all things Russian from worldwide participation impact the global economy?
That feeling is what moved stocks on Monday, but it's no strategy. Here's my take on how to handle the market as Russia bears down on Ukraine.
It's hard for traders to sit on their hands, but sometimes that's what they must do. Here's my game plan right now.
The most important thing is to stay flexible and use the reaction to news to adjust positions up and down.
Energy security will not take a backseat any longer. It is one reason Russia felt emboldened to attempt this war.
Market players are focusing more on stock selection and valuation.