Good morning to all investors, It appears as if we will have another volatile week in the markets based on futures activity. As of this writing the S&P 500, Dow and Nasdaq futures are down 1.58%, 1.06% and 2.31%, respectively. I’m guessing the entire year will be more volatile than the prior few years as higher inflation is beginning to pick up steam and effect all forms of life for everyday Americans. Remember, there hasn’t been inflation like this since the 80s. Most Americans have not experienced an inflationary environment, which in the worst case scenario, could get pretty ugly.
Direly taking a beating. Might be time to buy more.
Thx for the early morning update. I added additional shares of your new idea on Thursday. I also sold off a couple speculative bets that somehow managed to claw their way back to within a few dollars of break even and used the proceeds to load up on SQQQ. Stop loss set at 2%. Kind of expecting some sort of a brief bounce sometime this week before continuing downward and I sure don’t want to give back the gains.
Any plans on nibbling on some of the tech stocks that are down 30-50% from ATH?