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F@$% THIS
The stock market hit new lows today bringing grand totals to:
NASDAQ - Down 27%, S&P 500 down 16%, Dow Jones, Dow down 10%.
Today was also the 5th largest day on record of retail outflows. All in all, it was a messy day for investors and now questions about a looming recession and how the fed are going to handle it are getting louder. Although there was a large digestion from the lows set last week and the comments by Jerome Powell. Today's downside move was helped by bad news from the EU, China & Saudi Arabia this morning. News headlines surrounding a slowing Chinese economy led to oil dropping heavy, which helped drag down the indexes even more. All in all, the CPI Wednesday will be the big driver, but it looks like the market is entering a new phase of volatility that most of us haven't witnessed in a long time. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
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