Breaking Down Seasonal Trends in the Market

Breaking Down Seasonal Trends in the Market

Co-founder Luke Downey joins Sam Vadas on Schwab Network to discuss seasonal market weakness & volatility.

Normal Summer Volatility, or Market Weakness?

Late summer usually sees liquidity dry up, which in turn can cause bouts of volatility. Luke likes Palantir (PLTR), Meta (META), Microsoft (MSFT), which have performed well after earnings and guidance.

On the other hand, he notes that companies missing earnings are “falling like rocks.”

Breaking Down Seasonal Trends in the Market