They Said What? Volatility Shock

Discussion in 'Wall St. News' started by dealmaker, Sep 16, 2017.

  1. dealmaker

    dealmaker

    They Said What? Volatility Shock
    Experts discuss whether investors are vulnerable to a spike in volatility.
    Sept. 15, 2017 11:41 p.m. ET

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    For the past year, the stock market has been the least volatile since 1965, and investors seem complacent.

    Are you worried about a volatility shock?
    Michael Schwartz
    Chief options strategist, Oppenheimer

    “From this historically high…level, I’m not worried. If my portfolio goes down 5% to 10%, it isn’t a tragedy because I have substantial unrealized gains, and I suspect that is true of many investors. Bottom line: I’m a long-term investor.”

    Steven Sosnick
    Equity risk manager, Timber Hill/Interactive Brokers

    “The biggest thing we have to fear is the lack of fear itself. Something investors aren’t even contemplating will ultimately make volatility great again.”

    Jim Strugger
    Derivatives strategist, MKM Partners

    “Almost always. This is the most volatile part of the trading year, and a shock is possible, but it is tough to predict and even tougher to get investors to react, given the recent history of an extraordinarily nonvolatile stock market.”

    Ryan Detrick
    Senior market strategist, LPL Financial

    “We are worried about a volatility shock, mainly because it will be a harsh reminder to many.…Ten months without so much as a 3% correction in the S&P 500 has lulled many into a false sense of security, which will make even a normal bit of volatility feel worse because it has been so long since the last correction.”

    —Steven M. Sears

    http://www.barrons.com/articles/they-said-what-volatility-shock-1505533315
     
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