Posts Tagged Global Equity Markets

May and June were a sell-off. July was a rally. August was like watching the markets slowly bleed. Now, the world is watching central bankers promise they can save the world again if they have to but there is a lot of skepticism. If September shapes up to take back the summer gains while throwing global indices into bear territory what will we do? Slowly buy. That is why we keep cash on hand folks. We build positions and lower our average price per share. I think an excellent example is Petrobras. This company has a very bright long term story but it continues to be clobbered. The preferred shares are sitting around 28 bucks. We make money in markets not just because the share price grows but we make the volatility work in our favour.