The stock market has finished down in eight of the last ten days, but local financial advisor Howie Pentony says it’s important to look at the overall picture.
“Well it’s one of those statistics that you shouldn’t pay attention to. Yeah, it’s down eight out of ten days, but it’s only down a total of two percent,” Pentony said.
He also added that while there may be some snap judgements made about the market, long-term trends are still encouraging.
“Sometimes you just can’t pay attention to that sentiment of selling because it really hasn’t had an effect so far,” Pentony said.
The Dow, NASDAQ and S&P all finished down when markets closed Friday.