We're talking about market turbulence and how to navigate tough waters with Seeking Alpha's VP of Quant strategy, Steve Kress.

And I don't bandy the words prophetic or soothsay around a lot, but I will say it in this case because you wrote this article on February 25th on strategies to help investors who are navigating a tough market. And the market environment's

just gotten worse since then. When you wrote it, the fear and greed scale was at fear. Now we're

an extreme fear. We had the VIX hit a high for the year. We have the S.O. 500 battling its

200-day moving average. We've had all the

games since Election Day wiped out. So tough times. Steve, what are your thoughts on what we're

seeing right now in the market? Well, first and foremost, we could be, you know, we're likely

at the beginning stages of what's going to be continued uncertainty.

And the market hates uncertainty.

So the market can normalize a bull period.

The market can normalize a bare period.

What markets really don't like is uncertainty.

And we know historically when there's uncertainty out there, that's when we're sort of at maximum volatility

and the maximum sort of corrective phases. So what just adds to the uncertainty here is

we're sort of beholden to what's happening in Washington. Up until this point, the economy

was in fairly good shape. Earnings, the economy was in fairly good shape.

Earnings for most corporations were in pretty good shape. But a lot of policy changes,

executive orders, are making it sort of difficult to navigate the environment right now.

And that difficulty is what's giving the market pause. And it's forcing a rotation to defensive sectors,

such as consumer staple, utilities, and real estate.

And what people do during those rotational periods is they typically sell stocks that have given them the best performance.

So they want to take some of their profits, especially if you've been in a stock for a couple of years,

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