Schwab's Coffey: Since turmoil, it's a two-sided market and the bears are winning

Alex Coffey, senior trading and derivative strategist at Charles Schwab, says that since the conflict in Iran began, there has been more of a tug-of-war market and that the bears have been winning the battle, and while the decline has not been swift, the longer duration of the turmoil the more traders and investors are on edge. Coffey notes that the market's short-term trend is bearish, but the market is testing the longer-term 200-day moving average and the longer-term uptrend may be breaking.

Karl Mills, partner at Cerity Partners, says in the Big Interview that investors need to recognize that there is always drama going on around the markets, and that the concerns create worries, but "You generally do best by doing the least, if you have a well diversified portfolio and a strategy of how your assets are invested and you stick to that strategy." He discusses how investors are dealing with the war and much more, and how calm is the personal commodity that most people should be investing in right now.

Financial journalist Allan Sloan discusses how one share of stock in a Detroit bank — purchased for about 40 bucks a half century ago so that he would be allowed into the company's annual meetings — has turned into about $5,000, highlighting the power of dividend reinvestments and time. Sloan — who made several small stock purchases in his wife's name over the years in order to access meetings and information that non-shareholders would have been excluded from — talks about how reinvesting turned insignificant payments into something much more meaningful.