MAJOR Downside
The stock market set another new low today making this 5 day sell off the biggest since the very peak of March 2020. I go over what happened in the stock market today and why a repeat of the 2008 crash may occur. Although the market is shaky and investor sentiment is weak, the key comes down to whether or not we get another negative development to shock markets. I also go over the CPI today and why the CPI missing was such a big deal as core CPI and services highlighted some alarming inflation trends. With the market now reaching below 4,000 on the SPX, all eyes are on the major support levels and analysts are getting creative again with their expectations. I also go over my portfolio and the trades I made today, but I also highlighted SPY puts and how they have performed over the year if you timed the drop perfect. You would be surprised. EITHER WAY ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
LIVE TRADING CHANNEL: https://www.youtube.com/TheStockMarket
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The 48 Laws of Power
https://www.amazon.com/gp/product/0140280197?ie=UTF8&tag=peaceofmin037-20&camp=1789&linkCode=xm2&creativeASIN=0140280197
The Four Agreements
https://www.amazon.com/gp/product/1878424319?ie=UTF8&tag=peaceofmin037-20&camp=1789&linkCode=xm2&creativeASIN=1878424319
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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