By Matthew Kerkhoff
What a week. After four consecutive days of losses, stocks are hovering in the green today, but remain relatively unchanged.
This may sound counterintuitive, but volatility and corrections are good for this market. In California we are always worried about earthquakes and seismologists have long been telling us that we are overdue for the “big one.” As pressure builds up in the earth’s crust beneath our feet, that pressure can be released slowly and sporadically through many smaller earthquakes, or it can be release all at once with devastating force.
You can probably see where I’m headed with this.