Think about this for a minute…
If a trader invested $100,000 in the Dow Jones Industrial Average at the high, it would be worth around $96,296 — or a drop of 3%, right?
For them to make their money back, they’d have to make 3.28% on their $96,296.
What that means is the Dow would have to climb back above its monthly open.
We always talk about how important market timing is, so in this video, we wanted to show you just how much it takes for traders to get even when a stock pulls back. We’ll even throw in a few probabilities to look out for this week and a few names to watch closely.