The market continues to be under pressure; the S&P500 is down -8% since it peaked in 9/20/2018, the small caps $IWM the weakest of them all is down -13% since it peaked on 9/4/2018. Most individual names are down a lot more than that.

My advice when the market corrects is pretty consistent every time, be diligent with your stocks, take your losses, move on, and live to fight another day. Unlike the indices, stocks come and go, some go and never come back.  The indices tend to move higher over time.

The average intra-year decline in the S&P500 in the last 36-years has been roughly about -14%, so what is happening now is normal, there is nothing out of the ordinary going on. In this new era, everything has remained constant; Financial news is making everything out to be more than what it is (ratings), bearish bloggers writing incredibly convincing pieces that we are going to crash or that the second 2008 shoe is going to drop, and investors at home continue to be spooked and continue to make decisions based on someone’s crash call. A crash is a rare event; you can see more about corrections in the links below.

“The world ain’t all sunshine and rainbows.” there are going to be good times and lean times, your portfolio at times will feel fat, and at other times it will feel lean, famished.

Take your stops on your stocks; you can always buy them back, lower if your favorite doomsayer is correct.

Field Guide To Corrections.

History Of Crashes.