Q&A by Rob Friesen
NEW YEAR, NEW PRESIDENTIAL TERM, NEW APPROACHES
To begin, I have two announcements: First, the year 2017 marks the 25-year anniversary of Bright Trading, LLC. Second, given that we are looking at four-plus years of anticipated volatility, its time for the return of the trader. Actually, things began to change on September 9, 2016, in contrast to the preceding quiet summer months. On that day, every stock in the Dow Jones Industrial Average was down, 98% of the S&P 500 stocks were down (only 11 were up on the day), and the S&P 500 slid 2.5% or 53 points. The catalyst for that decline was Fed-speak and politics. Since that day, we have had increased volatility, rolling up and down with the various news on Clinton versus Trump or whether the Federal Reserve was going to raise interest rates or not ...