Dow Jones Industrial Average 2 Minute (^DJI), S&P 500 (^GSPC): Markets Had a Terrible August; Buying Opportunities May Lie Ahead

I believe that for the remainder of 2013, we’re bound to see more volatility in the market as the year ends and investors grow more concerned about tapering, or it actually begins and the markets react to the tearing off of the bandage. With that said, the sooner the Fed begins the tapering, the sooner the uncertainty and fear pertaining to it will begin to dissipate, which I believe will allow the markets to begin moving higher again.

But since we don’t know when the tapering will start, or when the market will begin rising, average investors can only sit patiently and wait. And since you’re just killing time until the next pop, if the market does continue to move lower, cheap buying opportunities may begin presenting themselves to those who are both patient and alert.

The article Markets Had a Terrible August; Buying Opportunities May Lie Ahead originally appeared on Fool.com is written by Matt Thalman.

Fool contributor Matt Thalman has no position in any stocks mentioned. Check back Monday through Friday as Matt explains what caused the Dow’s winners and losers of the day, and every Saturday for a weekly recap. Follow Matt on Twitter: @mthalman5513. The Motley Fool has no position in any of the stocks mentioned.

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