Sep. 18 at 8:52 PM
$HPE This market is very unpredictable right now, and nobody can say with certainty which direction it’s headed. Most professional traders seem to be avoiding it because of the uncertainty. The interest-rate hike, combined with the chairman’s hawkish statement, adds to the pressure, while energy prices continue to rise. Crude oil had dropped, but I haven’t really seen that reflected at the pumps yet. I would just proceed with caution. If I’m buying options, I would hedge by taking long and short positions to manage the risk but if you’re only buying shares, you should be fine as they tend to swing back and forth over time.
