Dow Plunges: What Retail Investors Should be Aware of

The Dow Jones Industrial Average plummeted on Monday. This marks the biggest two-day point drop on record. Cheddar's Hope King and Baker Machado explain the latest movement in the markets. "It feels like its raining out there," says John Petrides, Managing Director and Portfolio Manager at Point View Wealth Management. "Everything is just down-pouring. Clearly the VIX has spiked aggressively. It's something that we have not seen in quite some time." Petrides says if you are a long-term investor this market drop can be used as a buying opportunity. The fear of the fed raising rates higher than expected could be a factor driving this sell-off, says Petrides. "The sell-offs of the last two days could be recovered very quickly," says Melissa Armo, Owner of The Stock Swoosh. Armo says she does not expect a continuation of this sell-off. She advises the average retail investor to not panic on trading days like this.

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