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re: Dow down 1000 on a shortened/light trading day. Monday should be interesting.
Posted on 11/26/21 at 5:12 pm to Nonetheless
Posted on 11/26/21 at 5:12 pm to Nonetheless
overall the markets are up the last few months but starting to notice a lot of 52 week lows coming in. Pull out : NVDA, MSFT, HD,Telsa and some of the bigger S&P companies and this market is not as healthy as many think.
Thinking 2022 could be the year for a big pullback. Rates rising, Consumer spending slowing with prices so high. Higher Rates and Consumer spending hitting Business then their earnings. I'm already starting to cut back on spending with prices so high on certain items can see alot of that next year. Throw in Covid still with us . YIKES!
Thinking 2022 could be the year for a big pullback. Rates rising, Consumer spending slowing with prices so high. Higher Rates and Consumer spending hitting Business then their earnings. I'm already starting to cut back on spending with prices so high on certain items can see alot of that next year. Throw in Covid still with us . YIKES!
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