Thursday, September 25, 2014

The market finally snaps- MSN Money

The market finally snaps- MSN Money



Here is an excellent article about why the market had a huge sell-off on Thursday, September 25.  The Dow was down 264 points, and the Nasdaq was down even more percentage-wise.  Apple has major problems with the iPhone 6 and more Russian trouble appeared possible.  It will be interesting to see if buy-the-dip investors step in now.  You don't want to be in triple long ETFs anymore like TQQQ and SPXL.  You'll be down 6% for every 2% drop in the market.


No comments:

Post a Comment