5 Moves to Make If the Stock Market Skyrockets Tomorrow

There's a 54% chance the stock market will go up tomorrow. That's the historical probability that stocks will rise in any given day. Usually daily movements are modest. But what if tomorrow, the stock market doesn't just tick upward? What if tomorrow is the day the stock market skyrockets to levels we've never seen before? Here's exactly what to do (and what not to do) when the stock market rallies.

Of course you know you're supposed to buy low and sell high. But let's acknowledge that it's hard to contain your exuberance after a banner day. Now is the perfect time to make a stock watch list so that you're ready to pounce when the market dips.

But successful investors don't buy stocks because of what happened in a single day. Every stock you're seriously considering needs an investing thesis. Ask yourself whether that company is keeping up with broader trends and just how wide its economic moat is.

Source Fool.com