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re: Dow futures down 500pts

Posted on 5/9/22 at 6:29 am to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14516 posts
Posted on 5/9/22 at 6:29 am to
Its took about 2 years to go from the Covid 2020 lows to the end of 2021 to reach the highs. Looking like the crash from those highs to past the 2020 lows may only take months. If this continues Nasdaq could be back to 8k area and Dow back to mid 20k's by end of year.

Utilities, Medical, Energy and defense stocks seem to be the safe havens for now.

A year ago we thought Covid was the only issue and that seems to be the only thing that has cleared up
This post was edited on 5/9/22 at 6:33 am
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