Today is probablly the least volatility day since I invested in the US stocks 3.5 years ago, my portifolio only changed -0.1%. Previously the biggest volatility day was Feb 27 this year, my portifolio dropped almost 10%. For reference, Dow went up 0.53%, S&P went up 0.66%, and Nasdaq went up 0.48% today.
I don’t know the exact reason. I joined my former boss’ retirement party today. Maybe all the traders were also having parties or going on vacations 🙂
For us average investors (not day traders), we don’t want big swings (up and downs). So less volatility is a good thing.