Indeed, the Nasdaq fell more than 5%... but the full-year picture helps put the dip into perspective.
The interesting part is the "bloodbath" came mere hours after the Department of Labor reported lower unemployment figures than expected. In all, there were 69,000 fewer new jobless claims.
Construction, food services and manufacturing are ramping up, according to a new report by the Institute for Supply Management.
And as a reminder... this all comes fresh on the heels of Jay Powell's announcement that interest rates will continue to play dead for the foreseeable future.
And it's a good reminder that if you're trading the news...
Or following the old ways of investing...
You're done for.
This isn't your daddy's market anymore. Not with 90% of trades being placed by machines... and artificial dollars propping everything up.
To achieve better-than-average results... you need to upgrade your strategy.
Folks who attended this week's Super Trader Rally know this well. They walked away with a whole host of tips and tricks to help them prosper in today's market.
They also got a FREE preview of Andy's blockbuster trading system. It currently boasts an unbelievable 93% WIN RATE on long positions.
Hopefully you were among the thousands who tuned in to the big event. But if for some reason you missed it, click here for an exclusive replay.
Speaking of amplified gains... How do you feel about options? Most folks consider options the Wild West of investing. But as Andy explains, "[What] options can do that small, speculative stocks can't is hedge a position, play the downside of a move or allow us to leverage a bit of money for a lot of potential gain." Read on...
Three Criteria to Rate Your Broker
We've all had the sneaking suspicion that someone's pulling one over on us. But how do you know you can trust the professionals who manage your money? In his latest for Manward, Mark Ford shares three criteria to rate your broker... and make sure you remain the boss of your wealth. Click here to check them out.
Parting Words
"Crashes are not randomly occurring lightning bolts; they are the consequence of the madness of crowds who are busy avoiding the last mania as they participate in what will turn out to be the current one." - Emanuel Derman, Author and Quant Expert
Breakthrough presentations from the world's top investment experts... live footage of their latest strategies for coming out on top in 2020... exclusive research you won't find anywhere else... and much more...
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