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The stock market saw one of the biggest recoveries in history as the NASDAQ closed positive after being down almost 5% on the day. What started out as a stock market rout, ended with one of the biggest rebounds in decades. Although Powell and earnings is still on deck for the week, the main culprit behind today's stock market sell off was the retail crowd. Retail sold more stocks than they ever have in the last 12 months and this added to some of the global tensions we woke up to in the morning. Nonetheless, the story is definitely not over and if history is a gauge, we should still see big market swing even if there was a bounce. It did provide necessary relief for traders but its clear, the market has no idea what Powell is going to do and his actions will solidify any dip buy or correction. In the midst of all of this don't forget about earnings, I go over my earnings plays and the other stocks I traded today. ITS GOING TO BE EXCITING SO I HOPE YOU ARE READY! POST YOUR WATCHLIST BELOW AND SEE YOU IN THE MORNING!
NONE OF THIS IS A RECOMMENDATION .
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DISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial advisor before making any financial decisions.
The BIGGEST REBOUND In Stock Market HISTORY!
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