Here’s Why Obsessing Over Daily Stock Price Is a Massive Waste of Time!

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Why are the markets doing this? Why are they going down? Why are they going up? Why did this happen? Questions that I get. And honestly, it’s fine. I don’t mind questions at all. This show continues to grow on these other platforms. We’re younger people tuning in. And the questions I’m getting tend to be from younger people. Why is the market doing

I’m here to tell you, okay, pay close attention, that no one, there’s not a single person on the entire planet can tell you with any sort of certainty why the markets went up for the day or down for the day. There’ll be a constant argument on TV. They’ll constantly discuss it. They’ll claim to know the reason why.

Fed did this, earnings came in here, uncertainty over here. Again, that’s part of their trick. Okay, they give you the idea that they actually know when they don’t know. They don’t have a clue. Whenever I’m asked that question, quite frankly the reason is, well, markets went down because there was more selling pressure coming into the markets than buying pressure.

And the inverse is true. Why’d they go up? Well, there was more buying pressure rather than selling pressure. Why? A lot of different things, but no one could put their finger on it. Nobody. We’ll say, what do you mean? What do you mean? Well, what, you know, well, well, if the Fed came out, can Fed came out and said that, you know, they’re going to have more rate cuts. Yeah, that most certainly that most certainly could push the market into a certain direction, you know, but

Okay, maybe it went up a little bit, maybe went a lot of it. I don’t know. There’s other things that are involved. Algorithms, computerized trading, people looking at making profits, all of this stuff, okay? And I try to be very clear about this, because again, we’re hearing a lot about this right now. There’s a lot of uncertainty out there in regards to economy, what the fans gonna do, Trump tariffs, is that the other thing? The markets don’t like uncertainty.

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Uncertainty is what makes a Uncertainty is what makes a market for every buyer. There’s a seller. For every seller, there’s a buyer. And again, they come to terms on a price.

For one, to think that they’re gonna be able to give with any sort of, know, 100 % certainty why the markets have done anything over the course of the day, it’s just not telling the truth. They just, again, they don’t know what they don’t know. One of the things that I’ve avoided in our career, 30 years, hey, Chris, could you give us a, could you come on every day and do a four o’clock market update? What the?

The Dow did what the NASDAQ did, what the S &P did. No, no, it doesn’t make any sense. I’d say 95 % of the time, I don’t know, I don’t have a clue where the market closes at four o’clock. Don’t have a clue! you think you’re, my office here, yeah, you’ve got Quotrons in computers and I’m watching the…

I’m watching the ticker right there. What? Why? Why would I do that? I don’t have any need to do that because it doesn’t matter what the markets. Do today. The matter, the matter for our what we do at Markowski Investments, how we build people’s portfolios to watch this stuff like that is.

Nonsense, it’s a waste time.

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It’s a big fat stinking waste of time. I don’t do it. So yeah, yeah. my God. What’s going on with Tesla? What’s going on? Why is this NASDAQ down? Why are these stocks down? Because there’s more selling pressure than buying pressure. Well, what does that mean? What do they know? You know, it’s what you don’t know. If you built a portfolio of high quality companies that are fundamentally sound, guess what?

Markets don’t do this. Sometimes, I know, it appears when you have major runs in companies that it can last forever. That’s not the case. We’ve talked about this. Even blue chips die. And this is why we discuss often the importance of trimming positions, okay? Rotating assets in one’s portfolio, having certain rule sets when it’s regards to what you are going to do. You do these things, you’re going to be successful.

you’re going to build wealth. It’s not a matter of if, it’s just a matter of when. Wasting your time trying to figure out why the market did something on any given day? Nah, find yourself a hobby. You’ve got better things to do with your time. Watchdog on wallstreet.com.