By JOSHUA JOHNSONThe stock market is a bit of a mess right now, with the recent collapse of big banks and the stock market’s slide down.
That said, stocks have been trending higher for a few weeks now, and it’s looking like a nice bounceback for some of the big players.
But, as of this writing, stocks are still down more than 20% on the day, with big companies like Amazon and Google holding on for dear life.
But it’s worth remembering that while these stocks are trading higher, they’re also falling.
We know this because, since last week, the stock markets have been going up at a very healthy clip, with stocks having risen around $10 per share.
That’s a lot of gains for a market that’s barely gone up at all.
So, in the short term, we’re seeing some positive news, but the stock prices are still falling.
That might be enough to make you believe in the future, but in the longer term, it could spell trouble for investors.
So what should you do?
Well, it’s always good to keep your eyes on the longer-term trends.
If you’re a big stockholder and your stocks are rising, that’s great.
But if you’re holding on to stocks that are falling, that might mean your portfolio is in trouble.
So if you think you’re going to get the benefits of a rally, be sure to take a look at the chart above.
If stocks are going up, it will mean that the market is heading in the right direction.
If they’re going down, it means that you should be holding on.
But at this point, it might be best to give up.