Why it’s “an orderly sell-off”
As of the close of trading last night, 98% of S&P 500 stocks have fallen below their 10-day moving averages. That’s as close to a washout as you get. One week ago today we were making a new record high on the S&P 500. Seven days later and we’ve witnessed over $2 trillion in market cap erased from the board. Overseas it’s worse. You’re hearing over and over again about how, despite the fact ...
source https://thereformedbroker.com/2020/02/27/why-its-an-orderly-sell-off/
The post Why it’s “an orderly sell-off” appeared first on The Reformed Broker.
source https://thereformedbroker.com/2020/02/27/why-its-an-orderly-sell-off/
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