Why We Don't Knee-Jerk Sell

The first few weeks of August have been fairly dismal across markets. But we saw some quite impressive earnings reports out of a few AI-related names this week in Nvidia (NVDA), Splunk (SPLK), and Snowflake (SNOW).

This got us to thinking we should share part of the discipline of long-term investing with our followers. Just because stock prices are down temporarily, doesn't mean that we should knee-jerk sell our stocks!

In this week's Jarvis® Update, CEO Noland Langford and Director of Research, Brian Dress cover our thoughts on the conclusion of earnings season, along with our thoughts of how best to handle emotions related to short-term fluctuations in the stock market. Noland keeps it simple: Don't Look at Your Statement so much!

Topic 1: Earnings Season Closes Out
Topic 2: Why We Don't Knee Jerk Sell Into Weakness

With that in mind, if you are still sitting on cash in the bank, now is the time to get invested with stock prices down (temporarily in our view), as we expect a strong market in the second half of 2023. Reach out and we can set up a time to talk in more detail! To check out our new website, head over to https://leftbrainwm.com/

If you would like more information about our research service, head to https://leftbrainwm.com/report. Email Brian at [email protected] for details. Get on Brian's calendar directly to discuss a plan for the new bull market at https://m.levitate.ai/67de35-5y0b8m/60-minute-meeting

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