- Joined
- Jun 20, 2018
- Messages
- 22,546
- Reaction score
- 9,956
- Location
- Miami, FL
- Gender
- Male
- Political Leaning
- Independent
The NASDAQ generated a bear market signal today, having closed 22.2% below its all-time high at 8313 that was made in August (a 20% drop is considered a bear market). This was a market that just a few weeks ago analysts were saying that it would continue higher next year with 3250 as the target for the SPX.
In addition, in my entire 73 years of life I have never seen a week with so much negative news as has been seen this week:
1) Trump Foundation closed
2) Mathis resigned
3) Syria troops withdrawn and half of the troops from Afghanistan ordered to leave
4) Kelly fired and replaced by Mahoney and now Trump complaining about Mahoney
5) Government shut down leaving over 750,000 government workers without pay
6) Stock market collapsing
7) Putin applauding Trump's decisions
8) Over $3 Trillion has been lost through the stock market since August.
last but not least:
9) Trump supporters saying this is all TDS
When will it all end?
In addition, in my entire 73 years of life I have never seen a week with so much negative news as has been seen this week:
1) Trump Foundation closed
2) Mathis resigned
3) Syria troops withdrawn and half of the troops from Afghanistan ordered to leave
4) Kelly fired and replaced by Mahoney and now Trump complaining about Mahoney
5) Government shut down leaving over 750,000 government workers without pay
6) Stock market collapsing
7) Putin applauding Trump's decisions
8) Over $3 Trillion has been lost through the stock market since August.
last but not least:
9) Trump supporters saying this is all TDS
When will it all end?