S&P Lower
For my conspiracy nuts, we have the following occurring:
1. Economic calamity in China not dissimilar to the US crisis in 2007-2008.
2. Fed members suddenly being "forced" to sell their stock holdings for "ethical" concerns.
3. Fed chairs/governors resigning.
4. Debt ceiling "concerns."
5. Winter Covid surge incoming to Northeast.
6. A housing bubble (U.S.)
7. Anticipated fed tapering.
8. News coverage on both Fox and CNN about possible economic downturn.
9. The S&P 500 hitting a perfect 4.236 fib extension off the 2007 high and ensuing crisis low.
10. Did I miss anything?
I wonder what comes next?
1. Economic calamity in China not dissimilar to the US crisis in 2007-2008.
2. Fed members suddenly being "forced" to sell their stock holdings for "ethical" concerns.
3. Fed chairs/governors resigning.
4. Debt ceiling "concerns."
5. Winter Covid surge incoming to Northeast.
6. A housing bubble (U.S.)
7. Anticipated fed tapering.
8. News coverage on both Fox and CNN about possible economic downturn.
9. The S&P 500 hitting a perfect 4.236 fib extension off the 2007 high and ensuing crisis low.
10. Did I miss anything?
I wonder what comes next?
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