But Monday's sharp sell-off was different than the September slump that has centered on tech and growth stocks. Instead it was led by the cyclical names that had been gaining on expectations for a recovering economy, and not so much by the frothy growth names that have been correcting.
Another factor is the political uncertainty following the death of Supreme Court Justice Ruth Bader Ginsburg, with Republicans moving to replace her immediately and Democrats pushing for a delay until after the inauguration in January. That has intensified an already contentious divide, increases election uncertainties, and makes it less likely Congress will working together on a stimulus package to support the economy, analysts said."Because the recovery from the earlier Sept.
"Psychologically, we'll probably see 3,200, maybe even today," said Scott Redler, a technical strategist and partner with T3Live.com. "That's a compelling level to test some longs, closer to the 200-day moving average."
Cramer about to start sounding like a bag holder
Another plandemic hoax coming up from the elites. I guess they need to scare the hell of the sheeple before depopulate them at will
Buy the dip!
Forecast of the week ahead 🙈
BLACK tuesday coming , INDICES RIP
Of course. The Wall street already sold their position in July-August. Poor Robbin hoods and immature investors are trapped at such highest stock price. We will see at least half price of current stock price soon. The institution will not be back until the trapped guys cut loss
Don't spread false news.
This is the 'JPow will crash this economy before he allows the line to go down' pattern.
What, the market doesn't love a president who loves to pick winners and losers based on his daily personal peccadillos, pumping corps that he feels are supportive, ruining others that he's annoyed by, whether they are American or not?
SpeakerPelosi loves this and will do what she can to drive a 50% drop by November.
It won’t be getting worst, but better. Just wait until next week!
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Sept and Oct are typically the worse months of the year, going to get bumpy..
And then it will recover and hit new highs.
Guess Trump won't be bragging next few days lmao
WHO IS SELLING? damn sure not the investors...
I predict the market will behave unpredictably.
Why not stop playing this silly money game altogether and discover a whole new world?
What would Congress do?
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