Attached below is the very condensed version of what I provide to the Insider Members in their Weekend Market Analysis.
In this video I review the stock market’s price action by reviewing the NYSE Composite Index (NYA) and the Russell 2000 (RUT). I also review oil and gold and three key ETFs.
Some are saying this is the worst start ever for the market for any year. Not 2008. Not 2000. Not the 60’s or 70’s. Not the 1930s. I haven’t checked their math but you can read the article here.
I do know our market got hit hard but the United Kingdom and Germany had a bigger drop and China took the cake with a 10% decline…for one week. Seems like an ominous start to the year.