How 'Animal Spirits' Are Guiding the Market

Publish date:
Video Duration:


Happy freaking Fri-yay. 

But, before we all head out for the weekend, let's take a look at what's driving the market Friday, Aug. 16. 

Jeff Marks, senior portfolio analyst for Jim Cramer's Action Alerts PLUS charitable trust, talked to TheStreet about how investors should approach the markets as they rebound from a volatile week.

"Well, I think you got it just kind of keep the same plan that you were doing all this week. You know, [it's been] very volatile, but as long as you have some cash on the sidelines, you should have been putting some into work when the market was down. Now obviously today there's a little bit more animal spirits in the air. People are kind of recognizing that the consumer is really healthy and that Nvidia quarter last night--the reaction to it is also might be inspiring some animal spirits into today's market. So it's a risk-on attitude. That's what we're seeing today," said Marks. 

Premium Pick: Just How Low Could Interest Rates Go in This Environment?

NYSE LIVE Replay: Game On? Breaking Down Nvidia's Quarter, GE and Market Volatility

Jim Cramer Quick Clip: Investing Is Not Politics

Trader Tips: After Such a Volatile Week, Investors Should Look at These Stocks

Trade War: Will We See a Recession by 2020, Trade Deal or No Deal?

Earnings Preview: Nvidia Earnings: 3 Things to Watch

TheStreet Explains:How to Use a P/E Ratio When Picking Stocks

Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud

Catch Up: Today's Top News Videos Below

Related Videos