Simon discusses how oil prices have become the needle mover for virtually all asset classes across the globe as well as for key economic factors. The historical record concerning geopolitical events and oil shocks augurs for calm, but investors should expect meme-stock like volatility across their portfolios in the short term. He suggests that maintaining discipline is more important than trying to catch any short term trends that can easily reverse at any time. Simon also comments on some recent news from COST, UBER, AMZN and GOOGL.

WIG Stocks: COST, UBER, AMZN and GOOGL

The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete, it is not a statement of all available data necessary for making an investment decision, and it does not constitute a recommendation. Any opinions are those of the Wise Investor Group and not necessarily those of Raymond James. Expressions of opinion are as of this date and are subject to change without notice. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Investments mentioned may not be suitable for all investors. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. Past performance may not be indicative of future results.