The markets are destined for a correction in the coming months. Many investors are taking a break right now because they want to see how this all plays out. With the war and pandemic, people still are buying and there are many reasons for it. Today, the Dow will finish negative, however, and I will capitalize.
Dow to finish negative 5x
4/20/22
The markets are destined for a correction in the coming months. Many investors are taking a break right now because they want to see how this all plays out. With the war and pandemic, people still are buying and there are many reasons for it. Today, the Dow will finish negative, however, and I will capitalize.
Today the Dow sunk almost 1,000 points. While no one really saw this coming, it's not really a huge surprise given the current economic data we have at our disposal. Oil is fighting a level that suggests we will be hit harder at the pump as we move into late Spring early Summer. The market could rise 800 on Monday, drop 500 on Tuesday, it's hard to say. I did forecast 30k for the Dow and today was the beginning. People are dying every day and both COVID and the war are far from over unfortunately. Common hard working people are moving money around and will ultimately find security in crypto.
Market Update:
Today the Dow sunk almost 1,000 points. While no one really saw this coming, it's not really a huge surprise given the current economic data we have at our disposal. Oil is fighting a level that suggests we will be hit harder at the pump as we move into late Spring early Summer. The market could rise 800 on Monday, drop 500 on Tuesday, it's hard to say. I did forecast 30k for the Dow and today was the beginning. People are dying every day and both COVID and the war are far from over unfortunately. Common hard working people are moving money around and will ultimately find security in crypto.
Tough day to be the group ringing the closing bell......
I was thinking the same thing lol.
Market update: The Dow Jones will tank this year or early next year. I know the prices seem inviting but buyer's beware, we could see Dow in correction mode. The correction needs to happen because of various factors that all indicate the Dow is still too high. The volatility is increasing so you will see days with wild point swings. I am not a doom and gloom kind of person but I am simply giving you my take. By tank I mean 15-20% losses.
Quote Originally Posted by THEMUGG:
Tough day to be the group ringing the closing bell......
I was thinking the same thing lol.
Market update: The Dow Jones will tank this year or early next year. I know the prices seem inviting but buyer's beware, we could see Dow in correction mode. The correction needs to happen because of various factors that all indicate the Dow is still too high. The volatility is increasing so you will see days with wild point swings. I am not a doom and gloom kind of person but I am simply giving you my take. By tank I mean 15-20% losses.
Market Update: we saw a 1,000 point drop this week and it may be a sign of things to come. Be cautious because every market is connected in various ways and if Russia keeps on keeping on oil will go higher. Here is the play for Monday:
5/9
Dow to finish positive 1x
Market Update: we saw a 1,000 point drop this week and it may be a sign of things to come. Be cautious because every market is connected in various ways and if Russia keeps on keeping on oil will go higher. Here is the play for Monday: