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The Dimon DUMP
The stock market stoked fears of a bear market rally today as the S&P & NASDAQ failed to hold on to gains drawing us closer to another negative week. Despite economic data many analysts saw as positive, comments from JPM CEO Jamie Dimon & The Bank Of Canada led to a mini sell off. At the same time we also heard from Fed Bostic & Fed Bullard, however their comments helped the market more than they hurt it. With all this in place, many are asking about the bear market rally and the weird moves in the market as discretionaries and tech continue to outperform safe havens like healthcare and staples. After this brief market recap, I go over over my portfolio and stocks to watch and why I traded FB stock today. The news of Sheryl Sandberg leaving the company is looking to be a big event that can have many more ripples on the stock price. EITHER WAY 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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