Just checked the Dow, which was down 2%+.
I'm no longer in the market, so I'm not up to speed. Prices seem way too high. There's no way the Dow should be at 40k, but maybe there's a reason if I bothered to look.
It doesn't really pay to watch the every day movements of the market. I try to keep the focus on the Big Picture. The Big Picture isn't really pretty right now.
But markets may not care about that. Not sure what's driving this market. Perhaps it is just a lot of funny money.
"We have never been down 1,000+ points — EVER, not even intraday — on the Nasdaq."#KAMALACRASH pic.twitter.com/iCXN83vOkQ
— RNC Research (@RNCResearch) August 5, 2024
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