Market is out of Control

The market is simply out of control and volatility is extreme. Just today the market moved from a 4% loss to an almost 7% gain before closing. That is a swing of 11% in just one day. What event could have moved the market that much? There is simply no explanation, other than the market is out of control! There was no significant news to support those market moves today. What is an investor to do? Generally speaking, this is not the time to be selling stocks unless you have other stocks you want to buy in their place. We are hopeful that volatility levels will begin to reduce by late November. That doesn't mean the stock market is about to rocket upward. It just means that the volatile swings we have seen over the last two months will become more infrequent. Surely it will be easier to hold stocks when that happens and investors should begin to return to the market. If you are sitting on cash, just sit tight and look for quality investments in the next few weeks.