From Yahoo Finance: 2025-04-05 14:53:00

Longtime stock traders experience the thrill of investment returns, but knee-jerk reactions to market downturns can be detrimental. Trader Talk host Kenny Polcari warns against letting fear influence trading decisions, emphasizing that emotions can lead to financial disaster.

Despite the looming possibility of a recession, Polcari advises traders to base decisions on strategy, discipline, and analysis rather than emotions. JPMorgan forecasts a recession in 2025, while Yardeni Research raises recession odds to 45%, sparking concerns among investors.

In a volatile market, it’s essential to separate emotions from trading actions. Chief global market strategist Kristina Hooper acknowledges the unpredictability of external factors impacting the market, urging traders to make educated decisions for long-term success.

Amid uncertainty, Polcari stresses the importance of maintaining calm and discipline in trading. He emphasizes the market rewards those who stick to their plan and punishes those who panic or chase euphoria. Traders must approach trading as a business, not therapy, to stay profitable.

Trader Talk with Kenny Polcari offers expert advice and market insights from the NYSE. Polcari’s guidance encourages traders to be disciplined and strategic, leaving emotions at the door. For the latest in personal finance news and market updates, visit Yahoo Finance for valuable resources. 1. The stock market closed at record highs today, with the S&P 500 reaching 3,500 points for the first time ever. This surge comes as investors remain optimistic about a potential coronavirus vaccine and the possibility of additional economic stimulus measures.

2. A new study revealed that 85% of Americans are now working from home due to the COVID-19 pandemic. This shift has led to increased productivity for many workers, but also challenges with work-life balance and mental health issues.

3. The unemployment rate dropped to 8.4% in August, down from 10.2% in July. This decline is attributed to businesses reopening and hiring more workers as the economy continues to recover from the impact of the pandemic.

4. Hurricane Laura made landfall in Louisiana as a Category 4 storm, causing widespread damage and leaving thousands without power. The storm is expected to weaken as it moves inland, but residents are being urged to remain vigilant and take precautions.

5. Tesla announced plans to split its stock in a 5-for-1 split, making shares more affordable for individual investors. The company’s stock price has surged in recent months, reaching over $2,000 per share, prompting the split to make it more accessible to a wider range of investors.



Read more at Yahoo Finance: Emotional trading will destroy your portfolio if you let it: Veteran trader