7.2B outflow, Panic City on the first down day. As for Mr. Twitter: Trump folded when it came time to slap 25% tariffs on the Europeans. He negotiated this new NAFTA with the outgoing Mexican administration, so that deal is essentially bogus. Odds are Trump is trying to fold with the Chinese but they are refusing and want to be compensated for this idiot's trade war stunt.
Ok so its not the end of the world tech stocks getting slammed. Many are still up big for the year. And Apple will still be Apple and Amazon will still be Amazon next week but look at both their ugggggly daily candles today to close out the week. Gap down opening, buyers came in. Then at a certain point sellers met them and overwhelmed them. AMZN is close to possible support. APPL little further down. Days ahead should be interesting especially if the Tariff Tantrums continue. Only a fool would bet they won't (besides the one who is implementing them).
Well we'll another down day for the nasdaq...been a rough week for tech especially semiconductors....aside from all that it still seems though the market hasn't really fallen all that much. I mean the Dow is less than 100 points from 26,000 so overall even though it feels like it's been a hard down week in tech and oil everything else seems to be fairing pretty well......until next week! Even if the nasdaq sells off down to 5000 it's still up significantly from 2009!!
Oh wait apple is preparing to show off the same identical "new" iphone next week ....watch out as people hype up apple and their new phone that's exactly like the last 5 models ...wait this one is better because it's faster and has a better camera...wow game changing technology for those lemmings out there.....anyway should be interesting to see where apple goes...230+ or back to low $200's!
CPI rigged to perfection....Media will announce Federal Reserve can slow rate hikes now...Stocks soar...FREE MONEY ONCE AGAIN $$$$$$$$$$$$