April has been a horrible month in the markets. After closing above 1220 as recently as March, the S&P 500 is currently trading just above 1140. The NASDAQ has been even harder hit falling almost 9% over the same period. Last week alone, the Dow fell by more than 100 points for three consecutive days, falling 191 points on Friday alone.
Things are no better north of the border. The TSX Composite Index started the week above 9600 and closed it below 9300. In fact, markets around the world are falling sharply.
While it is painful to experience markets like this, down markets are a fact of life. If this market plunge continues, I will be actively looking for investment opportunities.
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