The Nasdaq composite fared the worst, falling 0.9%, but after seven straight gains, some consolidation isn't out of the ordinary. The S&P 500 lost 0.5% and the Dow Jones industrial average gave back 0.4%. Volume on the Nasdaq was tracking higher than Monday's level. NYSE volume was on pace to be slightly lower.
The Trump tax cuts will give a boost to the stock market. Stock buybacks by big companies are up this year. However, Quantative Tightening by the Fed together with interest rate rises could well pop the bubble. U.S. household is at historic highs, even higher than the previous high in 2008, so the maxed out public will not be able to stomach rises in the cost of mortgages, auto-loans, student loans, credit card loans etc.
Does the market have enough momentum to go higher with bond yields continuing to increase? People are worried more than ever and liquidating part of their portfolios. Also earnings are bad from huge companies like Walmart. The Fed is popping this big fat ugly bubble with it's rate hikes and this won't end well
Greg, just a quick thought. I notice you're not upvoting people's post the way you use to. Any particular reason why you've stopped doing this?? I always try to comment on your post and always upvote your post. Just saying bro. Anyways keep up the GREAT Job and STEEM ON.
Appreciate the update and the reassurance about these trades. I agree that the big boys won't let the market fail unless it gets beyond their control. Many non-mainstream experts agree that this will not be the year of the crash, but things may gradually go lower. We live in interesting times.
The Nasdaq composite fared the worst, falling 0.9%, but after seven straight gains, some consolidation isn't out of the ordinary. The S&P 500 lost 0.5% and the Dow Jones industrial average gave back 0.4%. Volume on the Nasdaq was tracking higher than Monday's level. NYSE volume was on pace to be slightly lower.
A grand illusion ...
Thanks for your information greg , cheers
Its a very valuable post thanks for share dear bro @marketreport
Nice post
Is the selloff going to continue?
We shall see!
Resteemed and upvote Mr robin hood
S&P is down .6% for the day -- is this a "selloff"? Seriously?
Or maybe the market is just breathing?
He is Robin Hood !
Agree, this is not it !
Deep breath...don't panic.
upvote and resteem
Resteemed!
The Trump tax cuts will give a boost to the stock market. Stock buybacks by big companies are up this year. However, Quantative Tightening by the Fed together with interest rate rises could well pop the bubble. U.S. household is at historic highs, even higher than the previous high in 2008, so the maxed out public will not be able to stomach rises in the cost of mortgages, auto-loans, student loans, credit card loans etc.
Does the market have enough momentum to go higher with bond yields continuing to increase? People are worried more than ever and liquidating part of their portfolios. Also earnings are bad from huge companies like Walmart. The Fed is popping this big fat ugly bubble with it's rate hikes and this won't end well
Upvote and resteem
Upvote & resteemed.
Up vote and resteemit done
Thanks dear sharing your post ..I waiting your next post..
Another lovely day!!!!
re-steemed as usual
Thanx for the update..... proceed with caution
upvoted and resteemit done...sir..
Thanks for the information.
Upvote & Resteemed.
Resteemed.
beautiful post thanks for sharing.
Thanks for your post sir.
upvoted and resteemed
Thanks for share informative post.
I know this is very helpful website,I already running visitor of your site.In this situations SBD is crying possition!what is future of SBD?.
Greg, just a quick thought. I notice you're not upvoting people's post the way you use to. Any particular reason why you've stopped doing this?? I always try to comment on your post and always upvote your post. Just saying bro. Anyways keep up the GREAT Job and STEEM ON.
We are with you..mannario to watching your discussion...
Thanks @marketreport.
Thank you sir
Thank you Mr. Robin Hood!
upvoted and resteemed
upvoted and resteemed
upvoted and resteemed
upvoted and resteemed
upvote and resteem
Appreciate the update and the reassurance about these trades. I agree that the big boys won't let the market fail unless it gets beyond their control. Many non-mainstream experts agree that this will not be the year of the crash, but things may gradually go lower. We live in interesting times.
Upvoted and resteemed.
Upvote and resteem
Nice content sir.
Upvoted and resteemed.
Thanks Greg for the reasurennce much needed.
upvoted & resteemed
great!!!!!!!!!!!!!!!!!!!!!
upvote and resteem
Coins mentioned in post:
great post
it's a very valuable post
thanks for sharing@ marketreport
It's very unique post i like this